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DEPOSITS

3 Months Ended

Mar. 31, 2020

Disclosure Deposits Abstract

DEPOSITS

Note 7—Deposits

The Company’s total deposits are comprised of the following at the dates indicated:  

		March 31,				December 31,
(Dollars in thousands)		2020				2019
Non-interest bearing demand deposits		$	291,669			$	289,829
Interest bearing demand deposits and money market accounts			426,332				423,256
Savings			102,171				104,456
Time deposits			166,473				170,660
Total deposits		$	986,645			$	988,201

As of March 31, 2020 and December 31, 2019, the Company had time deposits greater than $250,000 of $30.9 million and $32.2 million, respectively. 

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- References

No definition available.

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- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 405
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.12)
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

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