Interest Bearing Deposits
12 Months Ended
Dec. 31, 2015
Interest Bearing Deposits [Abstract]  
Interest Bearing Deposits

 

NOTE 9 - INTEREST BEARING DEPOSITS

Time deposits of $250 thousand or more were $39.6 million and $26.3 million at year-end 2015 and 2014.

Following is a summary of scheduled maturities of certificates of deposit during the years following December 31, 2015:

 

2016

 

 

 

$

108,493

 

2017

 

 

 

 

39,007

 

2018

 

 

 

 

18,528

 

2019

 

 

 

 

27,827

 

2020

 

 

 

 

37,494

 

Thereafter

 

 

 

 

7,733

 

TOTAL

 

$

239,082

 

 

Following is a summary of year-end interest bearing deposits:

 

 

 

 

2015

 

 

 

2014

 

Demand

 

$

327,434

 

 

$

126,456

 

Money Market

 

 

293,209

 

 

 

266,040

 

Savings

 

 

234,672

 

 

 

131,559

 

Certificates of Deposit

 

 

239,082

 

 

 

206,951

 

TOTAL

 

$

1,094,397

 

 

$

731,006