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Deposits (Tables)
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Composition of Deposits
The composition of deposits is as follows:
 
 
 
As of December 31,
 
 
 
2018
 
 
2017
 
Non-interest bearing checking
 
$
85,988
 
 
$
62,817
 
Interest bearing checking
 
 
25,556
 
 
 
26,649
 
Money market
 
 
59,071
 
 
 
55,016
 
Statement savings accounts
 
 
53,245
 
 
 
58,566
 
Certificates of deposit
 
 
182,277
 
 
 
186,243
 
Total
 
$
406,137
 
 
$
389,291
 
Interest Expense on Deposits
Interest expense on deposits is summarized as follows:
 
 
 
Years ended December 31,
 
 
 
2018
 
 
2017
 
Interest bearing checking
 
$
52
 
 
$
31
 
Money market
 
 
424
 
 
 
179
 
Statement savings accounts
 
 
74
 
 
 
61
 
Certificates of deposit
 
 
3,141
 
 
 
2,622
 
Total
 
$
3,691
 
 
$
2,893
 
Scheduled Maturities of Certificates of Deposit
The scheduled maturities of certificates of deposit are as follows:
 
2019
 
$
96,627
 
2020
 
 
70,596
 
2021
 
 
13,193
 
2022
 
 
1,413
 
2023
 
 
448
 
Thereafter
 
 
 
Total
 
$
182,277