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Deposits
12 Months Ended
Dec. 31, 2018
Deposits.  
Deposits

10) Deposits

The following table presents the scheduled maturities of all time deposits for the next five years:

 

 

 

 

 

 

    

 

 

 

 

(Dollars in thousands)

 

2019

 

$

135,745

 

2020

 

 

8,475

 

2021

 

 

2,089

 

2022

 

 

1,205

 

2023

 

 

46

 

Total

 

$

147,560

 

 

Time deposits of $250,000 and over were $86,114,000 and $138,634,000 at December 31, 2018 and 2017, respectively. At December 31, 2018, time deposits within Certificate of Deposit Account Registry Service (“CDARS”) deposits totaled $14,898,000, which comprised money market deposits of $3,366,000, and interest-bearing demand deposits of $8,747,000, (which have no scheduled maturity date, and therefore, are excluded from the table above), and time deposits of $2,785,000, (which are included in the table above). The CDARS program allows customers with deposits in excess of FDIC-insured limits to obtain full coverage on time deposits through a network of banks within the CDARS program. Deposits gathered through these programs are not considered brokered deposits under current regulatory reporting guidelines. CDARS deposits were comprised of $10,916,000 of interest-bearing demand accounts, $1,669,000 of money market accounts and $4,217,000 of time deposits at December 31, 2017.

At December 31, 2018, the Company had no certificates of deposits from the State of California. At December 31, 2017, the Company had securities pledged with a fair value of $72,454,000 for $65,121,000 in certificates of deposits (including accrued interest) with the State of California.

Deposits from executive officers, directors, and their affiliates were $21,752,000 and $17,322,000 at December 31, 2018 and 2017, respectively.