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Deposits (Tables)
 12 Months Ended
Dec. 31, 2019
Banking and Thrift [Abstract]  
Components of interest-bearing deposits
Interest-bearing deposits consisted of the following (in thousands):
 
 
December 31,
 
 
2019
 
2018
Savings
 
$
112,271

 
$
114,565

Money market
 
266,609

 
267,820

NOW accounts
 
266,048

 
252,439

Time, $250,000 or more
 
22,729

 
30,902

Time, under $250,000
 
71,001

 
65,915

 
 
$
738,658

 
$
731,641
Aggregate annual maturities of time deposits
Aggregate annual maturities of time deposits are as follows (in thousands):
Years Ending December 31,
 
 
2020
 
$
77,864

2021
 
11,091

2022
 
2,192

2023
 
1,016

2024
 
752

Thereafter
 
815

 
 
$
93,730
Components of interest expense recognized on interest-bearing deposits
Interest expense recognized on interest-bearing deposits consisted of the following (in thousands):
 
 
Years Ended December 31,
 
 
2019
 
2018
 
2017
Savings
 
$
28

 
$
37

 
$
33

Money market
 
656

 
419

 
211

NOW accounts
 
538

 
414

 
317

Time certificates of deposit
 
706

 
283

 
408

 
 
$
1,928

 
$
1,153

 
$
969