ServisFirst Bancshares, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

DEPOSITS

DEPOSITS

12 Months Ended

Dec. 31, 2014

Deposits [Abstract]

DEPOSITS

NOTE 7.

DEPOSITS

Deposits at December 31, 2014 and 2013 were as follows:

	December 31,
	2014		2013
	(In Thousands)
Noninterest-bearing demand	$	810,460	$	650,456
Interest-bearing checking		2,158,984		1,930,676
Savings		29,125		23,890
Time		205,414		218,455
Time, over $250,000		194,177		196,165
	$	3,398,160	$	3,019,642

The scheduled maturities of time deposits at December 31, 2014 were as follows:

	(In Thousands)
2015	$	218,837
2016		84,774
2017		44,360
2018		30,252
2019		17,182
2020		4,186
	$	399,591

At December 31, 2014 and 2013, overdraft deposits reclassified to loans were $3,544,000 and $1,602,000, respectively.

- 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.

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