Deposits

3 Months Ended

Mar. 31, 2022

Deposits [Abstract]

Deposits

Note 5 – Deposits

Major classes of deposits at March 31, 2022 and December 31, 2021, are as follows:

	March 31,		December 31,
	2022		2021
($ in thousands)
Demand	$	135,249	$	115,947
Savings		7,089		6,685
Money markets		53,434		31,076
Time certificates of deposit		81,688		98,184
Total deposits	$	277,460	$	251,892

At March 31, 2022, the scheduled maturities of time deposits are as follows ($ in thousands):

Year Ended December 31, 2022	$	24,444
Year Ended December 31, 2023		21,461
Year Ended December 31, 2024		16,156
Year Ended December 31, 2025		10,073
Year Ended December 31, 2026		8,676
Thereafter		878
Total		81,688

Time deposits with balances equal or greater than $250,000 totaled $3.5 million and $3.7 million at March 31, 2022 and December 31, 2021, respectively.