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Deposits
9 Months Ended
Sep. 30, 2021
Deposits [Abstract]  
Deposits

Note 5 - Deposits

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

 

 

 

September 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

 

(dollars in thousands)

 

Demand, noninterest bearing

 

$

1,296,443

 

 

$

592,261

 

NOW and money market

 

 

755,810

 

 

 

658,323

 

Savings

 

 

96,192

 

 

 

77,611

 

Total core deposits

 

 

2,148,445

 

 

 

1,328,195

 

BaaS-brokered deposits

 

 

28,396

 

 

 

33,482

 

Time deposits less than $250,000

 

 

32,687

 

 

 

41,145

 

Time deposits $250,000 and over

 

 

14,012

 

 

 

18,485

 

Total deposits

 

$

2,223,540

 

 

$

1,421,307

 

 

The following table presents the maturity distribution of time deposits as of September 30, 2021 (dollars in thousands):

 

 

 

(dollars in thousands)

 

Twelve months

 

$

35,905

 

One to two years

 

 

5,977

 

Two to three years

 

 

2,744

 

Three to four years

 

 

1,010

 

Four to five years

 

 

1,063

 

 

 

$

46,699