Deposits |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deposits By Component Alternative [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deposits |
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 $95 thousand and $88 thousand at December 31, 2021 and 2020, respectively. The aggregate amount of maturities for time deposits for each of the five years following the latest balance sheet date totalled $480.3 million, $59.0 million, $8.1 million, $8.3 million and $6.7 million, respectively.
The Company had no brokered certificates of deposit as of December 31, 2021 or 2020. At December 31, 2021 and 2020, the Company had $1.1 million and $16.4 million of CDARS deposits, respectively. |
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- Definition 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
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- References No definition available.
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