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Deposits
12 Months Ended
Dec. 31, 2021
Deposits [Abstract]  
Deposits
(6)
Deposits


Interest expense on deposits was as follows:

(dollars in thousands)
 
For the year ended December 31,
 
 
 
2021
   
2020
   
2019
 
 
                 
Interest bearing checking accounts
 
$
178
     
148
     
288
 
Savings accounts
   
624
     
716
     
1,338
 
Time deposits and money market accounts
   
5,863
     
22,834
     
33,227
 
Total
 
$
6,665
     
23,698
     
34,853
 


At December 31, 2021, the maturity of total time deposits is as follows:

(dollars in thousands)
     
 
     
Under 1 year
 
$
906,995
 
1 to 2 years
   
75,370
 
2 to 3 years
   
11,176
 
3 to 4 years
   
1,141
 
4 to 5 years
   
499
 
Over 5 years
   
133
 
 
 
$
995,314
 


Included in total time deposits as of December 31, 2021 and 2020 is $ 161.5 million and $235.8 million in time deposits with balances in excess of $250,000.