|12 Months Ended|
Dec. 31, 2020
|Deposits By Component Alternative [Abstract]|
NOTE 10. DEPOSITS
The following table sets forth the Company’s deposits by category:
The aggregate amount of overdraft demand deposits reclassified to loans was $88 thousand and $129 thousand at December 31, 2020 and 2019, respectively. The aggregate amount of maturities for time deposits for each of the five
years following the latest balance sheet date totalled $520.5 million, $89.7 million, $15.0 million, $5.5 million and $7.9 million, respectively.
The Company held no brokered certificates of deposit as of December 31, 2020. The Company held brokered certificates of deposit of $6.0 million at December 31, 2019.
The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef