Note 11 - Interest-bearing Deposits

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

NOTE

1

1

.

INTEREST-BEARING

DEPOSITS

The following table presents the major types of interest-bearing deposits at

December 31, 2018

and

2017.

(Amounts in thousands)	As of December 31,
Interest-bearing deposits	2018		2017
Demand - interest-bearing	$	252,202	$	260,221
Money market accounts		265,093		236,769
Savings accounts		114,840		110,837
Certificates of deposit, less than $250,000		96,510		130,681
Certificates of deposit, $250,000 and over		55,872		58,574
Total interest-bearing deposits	$	784,517	$	797,082

The following table presents interest expense for the major types of interest-bearing deposits for the years ended

December 31, 2018,

2017

and

2016.

(Amounts in thousands)	For the year ended December 31,
Deposit Interest Expense	2018		2017		2016
Demand - interest-bearing	$	414	$	274	$	201
Money market accounts		646		470		322
Savings accounts		288		200		174
Certificates of deposit, less than $250,000		1,100		1,429		1,537
Certificates of deposit, $250,000 and over		810		759		642
Total interest-bearing deposits	$	3,258	$	3,132	$	2,876

The following table presents the scheduled maturities of all certificates of deposit as of

December 31, 2018.

(Amounts in thousands)
Amounts due in:
2019	$	83,928
2020		28,912
2021		26,419
2022		9,676
2023		3,422
Thereafter		25
Total certificates of deposit	$	152,382

The following table presents the scheduled maturities of certificates of deposit of

$250

thousand or more as of

December 31, 2018.

(Amounts in thousands)
Amounts due in:
Three months or less	$	9,144
Over three months through six months		5,405
Over six months through twelve months		5,583
Over twelve months		35,740
Total certificates of deposit of $250 thousand or more	$	55,872