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Note 8 - Deposits | 12 Months Ended
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Dec. 31, 2020
Notes to Financial Statements |
Deposits Assets Disclosure Noncurrent [Text Block] | (8) DEPOSITS Deposits at December 31, 2020 and 2019 consisted of the following:
(In thousands) |  | 2020 |  |  | 2019 |
Noninterest-bearing demand deposits |  | $ | 225,608 |  |  | $ | 146,097 |
NOW accounts |  |  | 323,164 |  |  |  | 266,611 |
Savings accounts |  |  | 215,956 |  |  |  | 179,265 |
Money market accounts |  |  | 71,317 |  |  |  | 61,348 |
Time deposits |  |  | 64,416 |  |  |  | 68,856 |
|  | $ | 900,461 |  |  | $ | 722,177 |
The aggregate amount of time deposit accounts with balances that met or exceeded the Federal Deposit Insurance Corporation (“FDIC”) insurance limit of $250,000 was approximately $7.5 million and $5.8 million at December 31, 2020 and 2019, respectively. At December 31, 2020, scheduled maturities of time deposits were as follows:
Year ending December 31: |  | (In thousands) |
2021 |  | $ | 34,219 |
2022 |  |  | 15,157 |
2023 |  |  | 6,340 |
2024 |  |  | 6,598 |
2025 |  |  | 2,102 |
Total |  | $ | 64,416 |
The Bank held deposits of approximately $13.2 million and $13.3 million for related parties at December 31, 2020 and 2019, respectively.

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