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Deposits
3 Months Ended
Mar. 31, 2020
Deposits [Abstract]  
Deposits
NOTE  7. Deposits

The composition of deposits at March 31, 2020 and December 31, 2019 was as follows:
 
 
March 31, 2020
 
December 31, 2019
 
(in thousands)
Noninterest bearing demand deposits
$
271,508

 
$
269,171

Savings and interest bearing demand deposits:
 
 
 
NOW accounts
$
95,361

 
$
102,337

Money market accounts
170,566

 
154,133

Regular savings accounts
111,750

 
107,705

 
$
377,677

 
$
364,175

Time deposits:
 
 
 
Balances of less than $250,000
$
59,087

 
$
59,094

Balances of $250,000 and more
81,727

 
79,104

 
$
140,814

 
$
138,198

 
$
789,999

 
$
771,544