XML 59 R42.htm IDEA: XBRL DOCUMENT v3.6.0.2
Deposit Accounts (Tables)
12 Months Ended
Dec. 31, 2016
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:
 
 
2016
 
Weighted
Average
Interest Rate
 
2015
 
Weighted
Average
Interest Rate
 
 
 (dollars in thousands)
Transaction accounts
 
 
 
 
 
 
 
 
Noninterest-bearing checking
 
$
1,185,672

 
%
 
$
711,771

 
%
Interest-bearing checking
 
182,893

 
0.11
%
 
134,999

 
0.11
%
Money market
 
1,100,787

 
0.34
%
 
743,871

 
0.35
%
Savings
 
101,574

 
0.14
%
 
83,507

 
0.15
%
Total transaction accounts
 
2,570,926

 
0.16
%
 
1,674,148

 
0.17
%
Certificates of deposit accounts
 
 

 
 

 
 

 
 

Less than 100,000
 
121,148

 
0.74
%
 
126,704

 
0.79
%
$100,000 through $250,000
 
153,103

 
0.82
%
 
166,397

 
0.91
%
Greater than $250,000
 
300,308

 
0.74
%
 
227,874

 
0.72
%
Total certificates of deposit accounts
 
574,559

 
0.76
%
 
520,975

 
0.80
%
Total deposits
 
$
3,145,485

 
0.27
%
 
$
2,195,123

 
0.32
%
Schedule of aggregate annual maturities of certificates of deposit accounts
The aggregate annual maturities of certificates of deposit accounts at December 31, 2016 are as follows:
 
2016
 
Balance
 
Weighted Average Interest Rate
 
(dollars in thousands)
Within 3 months
$
147,508

 
0.66
%
4 to 6 months
137,620

 
0.74
%
7 to 12 months
191,814

 
0.77
%
13 to 24 months
87,050

 
0.92
%
25 to 36 months
6,533

 
0.87
%
37 to 60 months
3,370

 
1.29
%
Over 60 months
664

 
0.90
%
Total
$
574,559

 
0.76
%
Schedule of interest expense on deposit accounts
Interest expense on deposit accounts for the years ended December 31 is summarized as follows:
 
2016
 
2015
 
2014
 
(dollars in thousands)
Checking accounts
$
200

 
$
165

 
$
161

Money market accounts
3,641

 
2,426

 
1,443

Savings
151

 
141

 
110

Certificates of deposit accounts
4,399

 
3,898

 
3,323

Total
$
8,391

 
$
6,630

 
$
5,037