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Deposits
12 Months Ended
Dec. 31, 2019
Deposits  
Deposits

Note 6. Deposits

Time deposits and their remaining maturities at December 31, 2019 are as follows:

 

 

 

 

 

2020

    

$

240,424

2021

 

 

73,261

2022

 

 

88,081

2023

 

 

33,005

2024

 

 

10,424

2025 and thereafter

 

 

33

Total time deposits

 

$

445,228

 

Interest expense on deposits for the years ended December 31, 2019 and 2018 is as follows:

 

 

 

 

 

 

 

 

 

    

2019

    

2018

NOW

 

$

217

 

$

118

Money market

 

 

243

 

 

202

Savings

 

 

108

 

 

96

Time, $100,000 or more

 

 

2,901

 

 

1,692

Other time

 

 

2,966

 

 

1,682

 

 

$

6,435

 

$

3,790

 

Deposit balances of officers and directors and their affiliated interests totaled approximately $12.0 million and $7.0 million as of December 31, 2019 and 2018, respectively.

Deposit accounts in an overdraft position totaled approximately $134 thousand and $255 thousand as of December 31, 2019 and 2018, respectively.

Some of the Company's CD deposits are through participation in the Certificate of Deposit Account Registry Service (CDARS). These deposits totaled $4.3 million and $2.1 million at December 31, 2019 and 2018, respectively.