Note 10 - Deposits

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

NOTE

10

. DEPOSITS

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

d

$718,000

and

$4

76,000

as of

December 31, 2019

and

2018,

respectively.

Components of interest-bearing deposits as of

December 31

are as follows:

	2019		2018
(dollars in thousands)
Interest-bearing demand	$	624,658	$	471,795
Savings		88,970		79,453
Time, $250,000 and over		55,677		53,881
Other time		291,802		287,149
Total interest-bearing deposits	$	1,061,107	$	892,278

At

December 31, 2019

and

2018,

the Company had brokered deposits of

$2.0

million and

$5.0

million, respectively. All of these brokered deposits represent Certificate of Deposit Account Registry Service (CDARS) reciprocal deposits. The CDARS deposits are ones in which customers placed core deposits into the CDARS program for FDIC insurance coverage and the Company receives reciprocal brokered deposits in a like amount. The aggregate amount of jumbo certificates of deposit, each with a minimum denomination of

$250,000

was

$55.7

million and

$53.9

million as of

December 31, 2019

and

2018,

respectively.

As of

December 31, 2019,

the scheduled maturities of certificates of deposit are as follows:

(dollars in thousands)
Year Ending December 31	Amount
2020	$	246,342
2021		52,165
2022		34,903
2023		9,555
2024		4,147
Thereafter		367
Total time deposits	$	347,479