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Deposits (Tables)
3 Months Ended
Mar. 31, 2020
Banking and Thrift [Abstract]  
Schedule of deposits
The following table summarizes total deposits at March 31, 2020 and December 31, 2019.
March 31,December 31,
20202019
Deposits - interest bearing$24,443,963  $24,282,906  
Deposits - non-interest bearing1,651  1,077  
Total deposits$24,445,614  $24,283,983  
Interest bearing deposits
Interest bearing deposits at March 31, 2020 and December 31, 2019 are summarized as follows:
 
 March 31, 2020December 31, 2019
Amount
Qtr.-End Weighted Average Stated Rate(1)
Amount
Year-End Weighted Average Stated Rate(1)
Money market$9,561,715  1.74 %$9,616,547  2.04 %
Savings752,357  1.44  718,616  1.71  
Certificates of deposit14,129,891  1.95  13,947,743  2.44  
Deposits - interest bearing$24,443,963  $24,282,906  
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        (1) Includes the effect of interest rate swaps in effective hedge relationships.