XML 27 R12.htm IDEA: XBRL DOCUMENT v3.19.1
5. Time Deposits
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Time Deposits

At December 31, 2018, the scheduled maturities of time deposits are as follows:

 

(Dollars in thousands)   
    
 2019   $61,723 
 2020    21,566 
 2021    14,121 
 2022    2,618 
 2023 and thereafter    3,145 
        
 Total   $103,173 

 

At December 31, 2018 and 2017, the Bank had approximately $3.4 million and $5.2 million, respectively, in time deposits purchased through third party brokers, including certificates of deposit participated through the Certificate of Deposit Account Registry Service (“CDARS”) on behalf of local customers. CDARS balances totaled $3.4 million and $5.2 million as of December 31, 2018 and 2017, respectively. The weighted average rate of brokered deposits as of December 31, 2018 and 2017 was 0.07% and 0.07%, respectively.