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Deposits
12 Months Ended
Dec. 31, 2019
Deposits [Abstract]  
Deposits
DEPOSITS

The following is a summary of scheduled maturities of CDs, including retail and brokered deposits, as of the dates indicated:
 
 
December 31,
(In thousands)
 
2019
 
2018
1 year or less
 
$
474,530

 
$
461,207

Over 1 year to 2 years
 
61,100

 
123,397

Over 2 years to 3 years
 
21,682

 
35,235

Over 3 years to 4 years
 
14,211

 
20,045

Over 4 years to 5 years
 
18,993

 
15,368

Over 5 years
 
5,033

 
6,029

Total
 
$
595,549

 
$
661,281



CDs issued in amounts that meet or exceed the FDIC insurance limit of $250,000 totaled $176.0 million and $111.1 million at December 31, 2019 and 2018, respectively.

The Company has pledged assets as collateral covering certain deposits in the amount of $471.2 million and $443.1 million at December 31, 2019 and 2018, respectively.

The amount of overdraft deposits that were reclassified as loans at December 31, 2019 and 2018 was $889,000 and $1.1 million, respectively.

At December 31, 2019 and 2018, deposits from certain officers, directors and their associated companies in the normal course of business, were less than 5% of the Company's shareholders' equity.