Deposits

9 Months Ended

Sep. 30, 2018

Deposits [Abstract]

Deposits

8. Deposits

Deposits were as follows:

	September 30,		December 31,
	2018		2017
	(unaudited)
Noninterest bearing demand deposits	$	185,222	$	157,828
Interest bearing accounts:
NOW		95,857		101,167
Savings		128,733		125,244
Money market		128,982		123,643
Time certificates of deposit		152,924		142,223
Total interest bearing accounts		506,496		492,277
Total deposits	$	691,718	$	650,105

Included in time certificates of deposit at September 30, 2018 and December 31, 2017 were reciprocal deposits totaling $21,311 and $20,673, respectively, with original maturities of one to three years. Time certificates of deposit in denominations of $250 or greater were $15,138 and $13,920 as of September 30, 2018 and December 31, 2017, respectively.

Contractual maturities of time certificates of deposit are summarized below:

	September 30,		December 31,
	2018		2017
	(unaudited)
within 1 year	$	107,625	$	69,634
1 - 2 years		23,000		47,603
2 - 3 years		4,299		10,988
3 - 4 years		14,991		7,521
4 - 5 years		3,009		6,477
over 5 years		-		-
Total	$	152,924	$	142,223