XML 27 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Deposits
9 Months Ended
Sep. 30, 2020
Deposits [Abstract]  
Deposits

Note 5 - Deposits

The composition of consolidated deposits consisted of the following at the periods indicated:

 

 

 

September 30,

 

 

December 31,

 

 

 

2020

 

 

2019

 

 

 

(dollars in thousands)

 

Demand, noninterest bearing

 

$

570,664

 

 

$

371,243

 

NOW and money market

 

 

624,891

 

 

 

437,908

 

Savings

 

 

74,694

 

 

 

53,365

 

BaaS-brokered deposits

 

 

24,870

 

 

 

23,586

 

Time deposits less than $250,000

 

 

41,676

 

 

 

51,644

 

Time deposits $250,000 and over

 

 

23,216

 

 

 

30,213

 

Total deposits

 

$

1,360,011

 

 

$

967,959

 

 

The following table presents the maturity distribution of time deposits as of September 30, 2020 (dollars in thousands):

 

Twelve months

 

$

52,266

 

One to two years

 

 

8,013

 

Two to three years

 

 

2,531

 

Three to four years

 

 

974

 

Four to five years

 

 

1,108

 

 

 

$

64,892