Deposits

12 Months Ended

Dec. 31, 2021

Deposits

Deposits

Note 7. Deposits

Deposits as of December 31, 2021 and 2020 were as follows (dollars in thousands):

	December 31, 2021				December 31, 2020
	Amount		%		Amount		%
Demand accounts	$	268,804	40.5	%	$	222,305	37.8	%
Interest checking accounts		89,599	13.5	%		70,342	11.9	%
Money market accounts		187,942	28.3	%		152,726	26.0	%
Savings accounts		54,106	8.1	%		38,083	6.5	%
Time deposits of $250,000 and over		6,977	1.1	%		16,014	2.7	%
Other time deposits		56,620	8.5	%		88,912	15.1	%
Total	$	664,048	100.0	%	$	588,382	100.0	%

The following are the scheduled maturities of time deposits as of December 31, 2021 (in thousands):

			Greater Than
Year Ending	Less Than		or Equal to
December 31,	$250,000		$250,000		Total
2022	$	35,501	$	6,181	$	41,682
2023		10,338		796		11,134
2024		4,094		—		4,094
2025		1,957		—		1,957
2026		4,730		—		4,730
Total	$	56,620	$	6,977	$	63,597

Deposits held at the Company by related parties, which include officers, directors, greater than 5% shareholders and companies in which directors of the board have a significant ownership interest, approximated $13,599,000 and $14,159,000 at December 31, 2021 and 2020, respectively.