DEPOSITS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DEPOSITS [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DEPOSITS |
7.DEPOSITS
The major types of interest-bearing deposits are as follows for the years ended December 31, (dollars in thousands):
As of December 31, 2015, the scheduled maturities of time deposits are as follows for the years ended December 31, (dollars in thousands):
The amount of time deposits held in CDARS accounts was $4.9 million and $7.9 million as of December 31, 2015 and 2014, respectively. These deposits had a maturity of less than one year.
The Company classifies deposit overdrafts as other consumer loans. As of December 31, 2015 and 2014, these deposits totaled $1.2 million and $2.1 million, 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://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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