Note 8 - Deposits

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Deposits Assets Disclosure Noncurrent [Text Block]

(8)         DEPOSITS

Deposits at December 31, 2021 and 2020 consisted of the following:

(In thousands)	2021		2020
Noninterest-bearing demand deposits	$	242,685	$	225,608
NOW accounts		392,675		323,164
Savings accounts		268,768		215,956
Money market accounts		73,781		71,317
Time deposits		57,653		64,416
Total deposits	$	1,035,562	$	900,461

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 $8.3 million and $7.5 million at December 31, 2021 and 2020, respectively.

At December 31, 2021, scheduled maturities of time deposits were as follows:

Year ending December 31:	(In thousands)
2022	$	33,175
2023		12,332
2024		6,575
2025		3,930
2026		1,641
Total	$	57,653

The Bank held deposits of approximately $21.5 million and $13.2 million for related parties at December 31, 2021 and 2020, respectively.