DEPOSITS

12 Months Ended

Dec. 31, 2020

DEPOSITS

DEPOSITS

NOTE 9 - DEPOSITS

The following presents the Company’s interest bearing deposits as of December 31, 2020 and 2019 (in thousands):

	December 31,		December 31,
	2020		2019
Money market deposit accounts	$	847,430	$	615,575
Time deposits		172,682		134,913
Negotiable order of withdrawal accounts		113,052		91,921
Savings accounts		5,289		4,307
Total interest-bearing deposits	$	1,138,453	$	846,716
Aggregate time deposits of $250,000 or greater	$	73,401	$	61,596

Deposits acquired through acquisitions during the year ended 2020 totaled $63.1 million. See Note 2 – Acquisitions for more information.

Overdraft balances classified as loans totaled $0.1 million and an immaterial amount as of December 31, 2020 and 2019, respectively.

The following presents the scheduled maturities of all time deposits for the next five years ending December 31 (in thousands):

Year Ending December 31,		Time Deposits
2021	$	125,238
2022		23,065
2023		20,115
2024		2,550
2025		1,691
Thereafter		23
Total	$	172,682