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Deposits
9 Months Ended
Sep. 30, 2017
Deposits [Abstract]  
Deposits
DEPOSITS

The following is a summary of interest bearing deposits by type as of September 30, 2017 and 2016 and December 31, 2016:
Dollars in thousands
 
September 30,
2017
 
December 31,
2016
 
September 30,
2016
Demand deposits, interest bearing
 
$
397,843

 
$
262,591

 
$
212,172

Savings deposits
 
362,653

 
337,348

 
321,563

Time deposits
 
640,362

 
545,843

 
500,397

Total
 
$
1,400,858

 
$
1,145,782

 
$
1,034,132



Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $219.8 million, $205.7 million and $178.9 million at September 30, 2017, December 31, 2016, and September 30, 2016, respectively.

A summary of the scheduled maturities for all time deposits as of September 30, 2017 is as follows:
Dollars in thousands
 
Three month period ending December 31, 2017
$
81,870

Year ending December 31, 2018
232,020

Year ending December 31, 2019
140,028

Year ending December 31, 2020
88,444

Year ending December 31, 2021
54,858

Thereafter
43,142

Total
$
640,362



The following is a summary of the maturity distribution of all certificates of deposit in denominations of $100,000 or more as of September 30, 2017:
Dollars in thousands
Amount
 
Percent
Three months or less
$
52,185

 
11.9
%
Three through six months
54,568

 
12.4
%
Six through twelve months
66,426

 
15.1
%
Over twelve months
265,855

 
60.6
%
Total
$
439,034

 
100.00
%