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Deposits
12 Months Ended
Dec. 31, 2019
Deposits [Abstract]  
Deposits



Note 8 - Deposits



A summary of deposit accounts is as follows:





 

 

 

 



 

December 31,



 

2019

 

2018

Demand

 

 

 

 

   Noninterest bearing

 

$93,936 

 

$91,356 

   Interest bearing

 

274,602 

 

231,257 

Savings

 

88,219 

 

100,041 

Time, $250,000 or more (1)

 

40,751 

 

47,522 

Other time

 

151,951 

 

141,867 



 

 

 

 



 

$649,459 

 

$612,043 



(1)Includes brokered certificates of deposit of $10,020 and $20,064 as of December 31, 2019 and 2018.



Note 8 – Deposits (continued)



At December 31, 2019, maturities of time deposits are scheduled as follows:





 

 

 



Year Ending December 31,

 

Amount



 

 

 



2020

 

$100,405 



2021

 

68,491 



2022

 

16,770 



2023

 

5,127 



2024

 

1,909 



 

 

 



 

 

$192,702 



The Bank held deposits from the Company’s officers, directors and their related interests of $16,694 and $11,613 at December 31, 2019 and 2018, respectively.