Quarterly report pursuant to Section 13 or 15(d)

DEPOSITS

v3.21.2
DEPOSITS
6 Months Ended
Jun. 30, 2021
DEPOSITS [Abstract]  
DEPOSITS
NOTE 5 – DEPOSITS

Deposits are summarized as follows (dollars in thousands):

   
June 30,
2021
   
December 31,
2020
 
Noninterest-bearing demand
 
$
956,961
   
$
809,437
 
Interest bearing demand
   
741,268
     
642,918
 
Savings and money market accounts
   
805,297
     
742,685
 
Certificates of deposit
   
96,550
     
103,547
 
   
$
2,600,076
   
$
2,298,587
 

Time deposits that exceed the FDIC insurance limit of $250,000 were approximately $29.4 million at June 30, 2021 and $28.8 million at December 31, 2020.