7. Deposits

Deposits balances are summarized as follows:


	December 31,		December 31,
	2019		2018
Noninterest bearing demand deposits	$	179,236	$	171,829
Interest bearing accounts:
NOW		95,572		99,715
Savings		121,139		126,822
Money market		158,747		130,356
Time certificates of deposit		218,649		155,696
Total interest bearing accounts		594,107		512,589
Total deposits	$	773,343	$	684,418

Included in time certificates of deposit at December 31, 2019 and 2018 were reciprocal deposits totaling $21,270 and $21,515, respectively, with original maturities of one to three years. Time certificates of deposit in denominations of $250 or greater were $44,605 and $16,644 as of December 31, 2019 and 2018, respectively.

Contractual maturities of time certificates of deposit at December 31, 2019 are summarized below:


	December 31,
	2019
Within 1 year	$	185,017
1 – 2 years		14,164
2 – 3 years		10,177
3 – 4 years		3,910
4 – 5 years		5,381
Total	$	218,649