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Note 6: Deposits
12 Months Ended
Jun. 30, 2017
Notes  
Note 6: Deposits

NOTE 6:  Deposits

 

Deposits are summarized as follows:

 

 June 30,

(dollars in thousands)

2017

2016

Non-interest bearing accounts

  $             186,203

  $             131,996

NOW accounts

                 479,488

                 396,105

Money market deposit accounts

                 105,599

                   78,155

Savings accounts

                 147,247

                 115,714

TOTAL NON-MATURITY DEPOSITS

  $             918,537

  $             721,970

Certificates

0.00-.99%

                 200,868

                 205,387

1.00-1.99%

                 296,964

                 162,180

2.00-2.99%

                   36,228

                   28,135

3.00-3.99%

                            -

                          20

4.00-4.99%

                            -

                             -

5.00-5.99%

                     3,000

                     3,001

TOTAL CERTIFICATES

                 537,060

                 398,723

TOTAL DEPOSITS

  $          1,455,597

  $          1,120,693

 

 

The aggregate amount of deposits with a minimum denomination of $250,000 was $398.7 million and $259.9 million at June 30, 2017 and 2016, respectively. 

 

 

Certificate maturities are summarized as follows:

 

(dollars in thousands)

 

July 1, 2017 to June 30, 2018

  $             326,638

July 1, 2018 to June 30, 2019

                 122,528

July 1, 2019 to June 30, 2020

                   40,282

July 1, 2020 to June 30, 2021

                   22,420

July 1, 2021 to June 30, 2022

                   25,192

Thereafter

                             -

TOTAL

  $             537,060

 

 

 

Deposits from executive officers, directors, significant shareholders and their affiliates (related parties) held by the Company at June 30, 2017 and 2016 totaled approximately $1.6 million and $1.8 million, respectively.