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Deposits
6 Months Ended
Jun. 30, 2020
Deposits [Abstract]  
Deposits

Note 6. Deposits

The following table provides interest bearing deposit information, by type, at June 30, 2020 and December 31, 2019 (dollars in thousands):

    

June 30, 2020

    

December 31, 2019

Interest bearing checking

$

195,441

$

NOW

170,532

MMDA

 

148,050

 

120,841

Savings

 

108,602

 

96,570

Time deposits less than or equal to $250,000

 

492,749

 

477,461

Time deposits over $250,000

 

140,027

 

119,460

Total interest bearing deposits

$

1,084,869

$

984,864

Effective January 1, 2020, the Company re-classified all NOW accounts to interest bearing checking accounts, thereby eliminating the seven days withdrawal notification requirement imposed on NOW accounts.