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Deposits | 12 Months Ended
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Dec. 31, 2020
Disclosure Text Block [Abstract] |
Deposits |
8. | DEPOSITS
As of December 31, 2020, the scheduled maturities of the Company’s time deposits were as follows:
|  | (Dollars in Thousands) |
2021 |  | $ | 161,152 |
2022 |  |  | 26,523 |
2023 |  |  | 15,595 |
2024 |  |  | 14,884 |
2025 |  |  | 25,159 |
Total |  | $ | 243,313 |
Total time deposits greater than $250 thousand totaled $23.3 million and $48.2 million as of December 31, 2020 and 2019, respectively. In addition, the Company held brokered certificates of deposit totaling $32.0 million and $7.4 million as of December 31, 2020 and 2019, respectively, that were included in total deposits. Deposits from related parties held by the Company amounted to $4.3 million and $5.2 million at December 31, 2020 and 2019, respectively.

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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=120398452&loc=d3e534808-122878 + Details
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