Quarterly report pursuant to Section 13 or 15(d)

Deposits (Tables)

v3.20.2
Deposits (Tables)
9 Months Ended
Sep. 30, 2020
Deposits By Component Alternative [Abstract]  
Summary of Deposits by Category

The following table sets forth the Company’s deposits by category for the periods presented:

 

 

 

September 30,

2020

 

 

December 31,

2019

 

 

 

(Dollars in thousands)

 

Noninterest-bearing demand deposits

 

$

667,199

 

 

$

444,822

 

Interest-bearing demand deposits

 

 

391,396

 

 

 

370,467

 

Interest-bearing NOW accounts

 

 

8,655

 

 

 

28,204

 

Savings and money market accounts

 

 

540,879

 

 

 

404,886

 

Time deposits

 

 

679,387

 

 

 

679,747

 

Total deposits

 

$

2,287,516

 

 

$

1,928,126

 

Time deposits $100,000 and greater

 

$

548,052

 

 

$

333,464

 

Time deposits $250,000 and greater

 

 

206,127

 

 

 

204,389

 

Related party deposits (executive officers and directors)

 

 

20,508

 

 

 

23,150