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DEPOSITS
3 Months Ended
Mar. 31, 2020
DEPOSITS  
DEPOSITS

NOTE 6 - DEPOSITS

The following presents the Company’s interest-bearing deposits at the dates noted (in thousands):

 

 

 

 

 

 

 

 

 

March 31, 

 

December 31, 

 

    

2020

    

2019

Money market deposit accounts

 

$

671,641

 

$

615,575

Time deposits

 

 

150,190

 

 

134,913

Negotiable order of withdrawal accounts

 

 

82,092

 

 

91,921

Savings accounts

 

 

3,923

 

 

4,307

Total interest bearing deposits

 

$

907,846

 

$

846,716

Aggregate time deposits of $250,000 or greater

 

$

63,354

 

$

61,596

 

Overdraft balances classified as loans totaled $1.4 million and an immaterial amount at March 31, 2020 and December 31, 2019, respectively.