7. Deposits

Deposits balances are summarized as follows:


	June 30,		December 31,
	2020		2019
Noninterest bearing demand deposits	$	247,800	$	179,236
Interest bearing accounts:
NOW		117,925		95,572
Savings		146,913		121,139
Money market		164,437		158,747
Time certificates of deposit		232,964		218,649
Total interest bearing accounts		662,239		594,107
Total deposits	$	910,039	$	773,343

Included in time certificates of deposit at June 30, 2020 and December 31, 2019 were reciprocal deposits totaling $29,443 and $21,270, respectively, with original maturities of one to three years. Time certificates of deposit in denominations of $250 or greater were $46,922 and $44,605 as of June 30, 2020 and December 31, 2019, respectively.

Contractual maturities of time certificates of deposit at June 30, 2020 are summarized below:


	June 30,
	2020
Within 1 year	$	174,646
1 – 2 years		37,769
2 – 3 years		7,093
3 – 4 years		7,296
4 – 5 years		6,160
Total	$	232,964