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DEPOSITS
12 Months Ended
Dec. 31, 2021
DEPOSITS  
DEPOSITS

NOTE 9 - DEPOSITS

The following presents the Company’s interest bearing deposits as of December 31, 2021 and 2020 (in thousands):

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December 31, 

​

December 31, 

​

    

2021

    

2020

Money market deposit accounts

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$

1,056,669

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$

847,430

Time deposits

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170,491

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172,682

Negotiable order of withdrawal accounts

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309,940

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113,052

Savings accounts

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32,299

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5,289

Total interest-bearing deposits

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$

1,569,399

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$

1,138,453

Aggregate time deposits of $250 or greater

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$

75,747

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$

73,401

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Deposits acquired through acquisitions on December 31, 2021 and May 15, 2020 totaled $379.2 million and $63.1 million, respectively. See Note 2 – Acquisitions.

Overdraft balances classified as loans totaled an immaterial amount and $0.1 million as of December 31, 2021 and 2020, respectively.

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

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Year Ending December 31,

    

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Time Deposits

2022

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$

114,073

2023

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31,597

2024

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4,461

2025

​

 

1,909

2026

​

 

18,428

Thereafter

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23

Total

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$

170,491

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