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Deposits
12 Months Ended
Sep. 30, 2021
Deposits Liabilities Disclosures [Abstract]  
Deposits

6.

DEPOSITS

Deposits and their respective weighted-average interest rates consist of the following major classifications (dollars in thousands):

 

 

 

2021

 

 

2020

 

 

 

Weighted-

Average

Interest Rate

 

 

Amount

 

 

Weighted-

Average

Interest Rate

 

 

Amount

 

Noninterest-bearing demand accounts

 

 

-

%

 

$

257,747

 

 

 

-

%

 

$

242,642

 

Interest bearing demand accounts

 

 

0.05

 

 

 

551,168

 

 

 

0.16

 

 

 

274,722

 

Money market accounts

 

 

0.14

 

 

 

428,272

 

 

 

0.21

 

 

 

401,863

 

Savings and club accounts

 

 

0.05

 

 

 

189,004

 

 

 

0.05

 

 

 

160,975

 

Certificates of deposit

 

 

0.73

 

 

 

209,924

 

 

 

0.81

 

 

 

463,494

 

Total

 

 

0.15

%

 

$

1,636,115

 

 

 

0.33

%

 

$

1,543,696

 

 

 

At September 30, 2021 scheduled maturities of certificates of deposit are as follows (in thousands):

 

2022

 

$

158,763

 

2023

 

 

22,254

 

2024

 

 

14,113

 

2025

 

 

10,856

 

2026

 

 

3,938

 

Total

 

$

209,924

 

 

Brokered deposits totaled $225.0 million and $218.2 million at September 30, 2021 and 2020, respectively. The aggregate amount of certificates of deposit with a minimum denomination of $250,000 were $44.9 million and $35.8 million at September 30, 2021 and 2020, respectively.

The scheduled maturities of certificates of deposit in denominations of $250,000 or more as of September 30, 2021, are as follows (in thousands):

 

Within three months

 

$

10,304

 

Three through six months

 

 

22,092

 

Six through twelve months

 

 

9,129

 

Over twelve months

 

 

3,383

 

Total

 

$

44,908