DEPOSITS

6 Months Ended

Jun. 30, 2020

DEPOSITS

DEPOSITS

NOTE 7 - DEPOSITS

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

	June 30,		December 31,
	2020		2019
Money market deposit accounts	$	759,997	$	615,575
Time deposits		152,897		134,913
Negotiable order of withdrawal accounts		88,560		91,921
Savings accounts		7,415		4,307
Total interest bearing deposits	$	1,008,869	$	846,716
Aggregate time deposits of $250,000 or greater	$	60,721	$	61,596

As of June 30, 2020, deposits included $65.2 million deposits purchased as part of the Branch Acquisition. See Note 2 – Acquisitions for more information.

Overdraft balances classified as loans totaled $2.6 million and an immaterial amount at June 30, 2020 and December 31, 2019, respectively.