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Deposits | 12 Months Ended
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Dec. 31, 2018
Deposits |
Deposits | Note 8. Deposits The following table summarizes the major classifications of deposit balances as of the dates indicated:
|  | December 31, |
|  | 2018 |  | 2017 |
(dollars in thousands) |  |  |
Noninterest-bearing deposits |  | $ | 101,369 |  | $ | 104,017 |
Interest-bearing deposits: |  |  |  |  |  |  |
Interest-bearing checking |  |  | 26,654 |  |  | 28,774 |
Money Market |  |  | 18,564 |  |  | 19,855 |
Savings |  |  | 84,097 |  |  | 85,890 |
Time deposits, $100,000 or more |  |  | 41,665 |  |  | 43,452 |
Time deposits below $100,000 |  |  | 50,104 |  |  | 52,250 |
Total interest- bearing deposits |  |  | 221,084 |  |  | 230,221 |
Total Deposits |  | $ | 322,453 |  | $ | 334,238 |
Interest expense on deposits for the years ended December 31, 2018 and 2017 is as follows:
|  | 2018 |  | 2017 |
(dollars in thousands) |  |  |
Interest-bearing checking |  | $ | 8 |  | $ | 9 |
Money Market |  |  | 10 |  |  | 10 |
Savings |  |  | 62 |  |  | 50 |
Time deposits, $100,000 or more |  |  | 704 |  |  | 665 |
Time deposits below $100,000 |  |  | 564 |  |  | 566 |
Total Interest Expense |  | $ | 1,348 |  | $ | 1,300 |
The Bank recognized $0.2 million and $0.3 million of fee income from deposits for the years ended December 31, 2018 and 2017. At December 31, 2018, the scheduled maturities of time deposits are approximately as follows:
(dollars in thousands) |  | Amount
Maturing in: |  |  |
2019 |  | $ | 52,006
2020 |  |  | 23,319
2021 |  |  | 7,528
2022 |  |  | 3,229
2023 |  |  | 5,075
2024 and thereafter |  |  | 612
Total Time Deposits |  | $ | 91,769
Deposit balances of executive officers and directors and their affiliated interests totaled approximately $1.6 million and $1.9 million at December 31, 2018 and 2017, respectively. The Bank had no brokered deposits at December 31, 2018 and 2017.

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=50488274&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
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