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DEPOSITS
12 Months Ended
Dec. 31, 2014
DEPOSITS  
DEPOSITS

 

5. DEPOSITS

 

Time Deposits

 

The following table sets forth the remaining maturities of the Bank’s time deposits at December 31, 2014:

 

 

 

Total

 

(In thousands)

 

 

 

2015

 

$

79,873 

 

2016

 

24,445 

 

2017

 

15,204 

 

2018

 

16,082 

 

2019

 

5,680 

 

Thereafter

 

78 

 

Total

 

$

141,362 

 

 

The deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2014 and 2013 were $27.6 million and $25.5 million, respectively. Deposits from principal officers, directors and their affiliates at December 31, 2014 and 2013 were approximately $2.6 million and $2.7 million, respectively. Public fund deposits at December 31, 2014 and 2013 were $336.3 million and $310.0 million, respectively.