Deposits

12 Months Ended

Dec. 31, 2021

Deposits

Deposits

7.    Deposits

Deposits balances are summarized as follows:

	December 31,		December 31,
	2021		2020
Non-interest bearing demand deposits	$	314,814	$	244,344
Interest bearing accounts:
NOW		158,615		141,580
Savings		182,564		157,414
Money market		289,107		185,383
Time certificates of deposit		156,899		200,643
Total interest bearing accounts		787,185		685,020
Total deposits	$	1,101,999	$	929,364

Included in time certificates of deposit at December 31, 2021 and 2020 were reciprocal deposits totaling $21,083 and $30,012, respectively, with original maturities of one to three years.

Time certificates of deposit in denominations of $250 or greater were $23,704 and $34,565 as of December 31, 2021 and 2020, respectively.

Contractual maturities of time certificates of deposit at December 31, 2021 are summarized below:

	December 31,
	2021
Within 1 year	$	122,861
1 – 2 years		16,598
2 – 3 years		7,843
3 – 4 years		7,674
4 – 5 years		1,923
Total	$	156,899