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Deposits
6 Months Ended
Jun. 30, 2019
Deposits [Abstract]  
Deposits
7.Deposits

 

Deposits balances are summarized as follows:

 

  June 30,  December 31, 
  2019  2018 
  (unaudited)    
Noninterest bearing demand deposits $152,705  $171,829 
         
Interest bearing accounts:        
NOW  103,089   99,715 
Savings  120,814   126,822 
Money market  147,070   130,356 
Time certificates of deposit  193,180   155,696 
         
 Total interest bearing accounts  564,153   512,589 
         
Total deposits $716,858  $684,418 

 

Included in time certificates of deposit at June 30, 2019 and December 31, 2018 were reciprocal deposits totaling $22,275 and $21,515, respectively, with original maturities of one to three years. Time certificates of deposit in denominations of $250 or greater were $35,545 and $16,644 as of June 30, 2019 and December 31, 2018, respectively.

 

Contractual maturities of time certificates of deposit at June 30, 2019 are summarized below:

 

       June 30,       
  2019 
  (unaudited) 
Within 1 year $123,381 
1 - 2 years  47,812 
2 - 3 years  12,875 
3 - 4 years  3,027 
4 - 5 years  6,085 
Total $193,180