Note 7 - Deposits

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

(

7

) Deposits

The aggregate amount of overdrawn deposit accounts reclassified as loan balances totaled

$651

thousand and

$476

thousand as of

September 30, 2019

and

December 31, 2018.

Components of interest-bearing deposits as of

September 30, 2019

and

December 31, 2018

are as follows:

	Nine Months Ended		Twelve Months Ended
	September 30, 2019		December 31, 2018
Interest-Bearing Demand	$	583,848	$	471,794
Savings		85,080		79,453
Time, $250,000 and Over		65,763		53,881
Other Time		299,902		287,150
	$	1,034,593	$	892,278

At

September 30, 2019

and

December 31, 2018,

the Company had reciprocal deposits of

$94,865

and

$80,535,

respectively. All of these reciprocal deposits represent Insured Cash Sweep (“ICS”) deposits and Certificate of Deposits Account Registry Service (“CDARS”) deposits. The ICS deposits and CDARS deposits are ones in which customers placed core deposits into the program for FDIC insurance coverage and the Company receives reciprocal deposits in a like amount. Due to changes in regulatory rules with reciprocal deposits, all of the Company’s reciprocal deposits were excluded from being treated as brokered deposits at

September 30, 2019.

The aggregate amount of short-term jumbo certificates of deposit, each with a minimum denomination of

$250,000

was approximately

$48,950

and

$41,104

as of

September 30, 2019

and

December 31, 2018,

respectively. The aggregate amount of certificates of deposit, each with a minimum deposit of

$250,000

was

$65,763

and

$53,881

as of

September 30, 2019

and

December 31, 2018.

As of

September 30, 2019

and

December 31, 2018,

the scheduled maturities of certificates of deposits are as follows:

Maturity	September 30, 2019		December 31, 2018
One Year and Under	$	255,071	$	241,366
One to Three Years		96,016		82,412
Three Years and Over		14,578		17,253
	$	365,665	$	341,031