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Deposits (Tables)
12 Months Ended
Dec. 31, 2019
Banking And Thrift [Abstract]  
Composition of Deposits

The composition of deposits is as follows:

 

As of December 31,

 

2019

 

2018

Non-interest bearing checking

$            62,768  

 

$            85,988  

Interest bearing checking

               25,432  

 

               25,556  

Money market

               65,999  

 

               59,071  

Statement savings accounts

               47,981  

 

               53,245  

Certificates of deposit

             142,416  

 

             182,277  

Total

$          344,596  

 

$          406,137  

Interest Expense on Deposits

Interest expense on deposits is summarized as follows:

 

Years ended December 31,

 

2019

 

2018

Interest bearing checking

$                  59  

 

$                  52  

Money market

                   715  

 

                   424  

Statement savings accounts

                     66  

 

                     74  

Certificates of deposit

                3,802  

 

                3,141  

Total

$              4,642  

 

$              3,691  

Scheduled Maturities of Certificates of Deposit

The scheduled maturities of certificates of deposit are as follows:

2020

$          122,772  

2021

               15,456  

2022

                2,895  

2023

                   585  

2024

                   708  

Total

$          142,416