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

 

NOTE 10 - DEPOSITS

Deposits consist of the following:

 

 

 

 

 

 

 

 

 

December 31,

(dollars in thousands)

 

2015

 

2014

Noninterest-bearing demand

 

$                 142,771 

 

$                 122,195 

Interest-bearing:

 

 

 

 

Demand

 

120,918 

 

108,350 

Money market deposits

 

219,956 

 

211,929 

Savings

 

47,703 

 

41,499 

Certificates of deposit

 

375,551 

 

385,411 

Total interest-bearing

 

764,128 

 

747,189 

 

 

 

 

 

Total Deposits

 

$                 906,899 

 

$                 869,384 

 

The aggregate amount of certificates of deposit in denominations of $100,000 or more at December 31, 2015 and 2014 was $222.3 million and $216.2 million, respectively. The aggregate amount of certificates of deposit in denominations of $250,000 or more at December 31, 2015, and 2014 was $98.6 million and $83.9 million, respectively.

 

At December 31, 2015 and 2014, the scheduled contractual maturities of certificates of deposit are as follows:

 

 

 

 

 

 

 

 

December 31,

(dollars in thousands)

 

2015

 

2014

Within one year

 

$                 230,559 

 

$                 240,648 

Year 2

 

96,098 

 

87,959 

Year 3

 

32,975 

 

40,675 

Year 4

 

5,454 

 

10,042 

Year 5

 

10,465 

 

6,087 

 

 

$                 375,551 

 

$                 385,411