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Deposit Accounts (Tables)
12 Months Ended
Dec. 31, 2015
Deposits [Abstract]  
Schedule of components of deposit accounts and weighted average interest rates
Deposit accounts and weighted average interest rates consisted of the following at December 31:
 
 
 
2015
 
Weighted
Average
Interest Rate
 
2014
 
Weighted
Average
Interest Rate
 
 
 (dollars in thousands)
Transaction accounts
 
 
 
 
 
 
 
 
Noninterest-bearing checking
 
$
711,771

 
%
 
$
456,754

 
%
Interest-bearing checking
 
134,999

 
0.11
%
 
131,635

 
0.11
%
Money market
 
743,871

 
0.35
%
 
526,256

 
0.32
%
Savings
 
83,507

 
0.15
%
 
74,508

 
0.14
%
Total transaction accounts
 
1,674,148

 
0.17
%
 
1,189,153

 
0.16
%
Certificates of deposit accounts
 
 

 
 

 
 

 
 

Less than 100,000
 
126,704

 
0.79
%
 
123,862

 
0.91
%
$100,000 through $250,000
 
166,397

 
0.91
%
 
163,819

 
1.00
%
Greater than $250,000
 
227,874

 
0.72
%
 
153,992

 
0.76
%
Total certificates of deposit accounts
 
520,975

 
0.80
%
 
441,673

 
0.89
%
Total deposits
 
$
2,195,123

 
0.32
%
 
$
1,630,826

 
0.36
%
Schedule of aggregate annual maturities of certificates of deposit accounts
The aggregate annual maturities of certificates of deposit accounts at December 31, 2015 are as follows:

 
2015
 
Balance
 
Weighted Average Interest Rate
 
(dollars in thousands)
Within 3 months
$
79,798

 
0.55
%
4 to 6 months
131,699

 
0.81
%
7 to 12 months
188,046

 
0.78
%
13 to 24 months
108,194

 
0.98
%
25 to 36 months
8,365

 
1.09
%
37 to 60 months
4,237

 
1.10
%
Over 60 months
636

 
0.97
%
Total
$
520,975

 
0.80
%
Schedule of interest expense on deposit accounts
Interest expense on deposit accounts for the years ended December 31 is summarized as follows:
 
 
2015
 
2014
 
2013
 
(dollars in thousands)
Checking accounts
$
165

 
$
161

 
$
110

Savings
141

 
110

 
103

Money market accounts
2,426

 
1,443

 
1,043

Certificates of deposit accounts
3,898

 
3,323

 
2,809

Total
$
6,630

 
$
5,037

 
$
4,065