|3 Months Ended|
Mar. 31, 2021
|Deposits By Component Alternative [Abstract]|
NOTE 9. DEPOSITS
The following table sets forth the Company’s deposits by category for the periods presented:
The aggregate amount of overdraft demand deposits reclassified to loans was $67 thousand and $88 thousand at March 31, 2021 and December 31, 2020, respectively. The aggregate amount of maturities for time deposits for each of the five years following the latest balance sheet date totaled $542.5 million, $79.6 million, $12.2 million, $6.7 million and $6.6 million, respectively. The Company held no brokered certificates of deposit as of March 31, 2021 and December 31, 2020.
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