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Deposits

12 Months Ended

Dec. 31, 2019

Deposits - Schedule Of Maturities Of Time Deposit

Deposits

(9) Deposits

The following table presents the maturities of time deposits at December 31, 2019:

(Dollars in thousands)
Year		Amount
2020		$	122,901
2021			12,906
2022			6,594
2023			2,976
2024			1,683
Thereafter			3
Total		$	147,063

The aggregate amount of time deposits in denominations of $250,000 or more at December 31, 2019 and 2018 was $41.3 million and $14.2 million, respectively. As of December 31, 2019, the Company had brokered time deposits of $21.8 million which all mature during 2020 compared to $61.9 brokered time which matured during 2019 at December 31, 2018.

The components of interest expense associated with deposits are as follows:

(Dollars in thousands)		Years ended December 31,
		2019				2018				2017
Time deposits		$	2,751			$	1,195			$	593
Money market and checking			2,555				1,833				948
Savings			35				28				28
Total		$	5,341			$	3,056			$	1,569

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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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