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Interest-Bearing Deposits
12 Months Ended
Dec. 31, 2021
Interest-Bearing Deposits [Abstract]  
Interest-Bearing Deposits
Interest-Bearing Deposits
Interest-bearing deposits consist of the following:
December 31,
(In thousands)20212020
Interest-bearing demand deposits $573,567 $480,283 
Savings deposits 18,110 21,084 
Time deposits:
Less than $100 3,536 4,091 
$100 to less than $250 30,648 34,998 
$250 or more (1)
13,000 16,896 
Total $638,861 $557,352 
Weighted average interest rate 0.15 %0.31 %
(1)The scheduled maturities of time deposits not covered by deposit insurance consist of $7,010,000 within one year and $5,990,000 within one to three years.
December 31,
(In thousands)202120202019
Interest-bearing demand deposits $582 $1,313 $3,686 
Savings deposits 24 103 
Time deposits:
Less than $100 332 550 905 
$100 to less than $250 109 206 216 
$250 or more 139 267 281 
Total $1,171 $2,360 $5,191 
The scheduled maturities of time deposits are summarized as follows:
December 31,
20212020
(In thousands)AmountPercent
of Total
AmountPercent
of Total
Due within:
One year $30,855 65.4 %$39,575 70.7 %
Two years 15,061 31.9 %10,470 18.7 %
Three years 1,205 2.6 %5,892 10.5 %
Four years 48 0.1 %— — %
Five years 15 — %48 0.1 %
Total $47,184 100.0 %$55,985 100.0 %