NOTE 6 – DEPOSITS

Deposits consist of the following:


	March 31, 2019				December 31, 2018
(dollars in thousands)	Balance		%		Balance		%
Noninterest-bearing demand	$	214,432		14.90%	$	209,378		14.65%
Interest-bearing:
Demand		411,029		28.56%		437,169		30.58%
Money market deposits		272,994		18.97%		266,160		18.61%
Savings		70,873		4.92%		69,893		4.89%
Certificates of deposit		469,839		32.65%		447,029		31.27%
Total interest-bearing		1,224,735		85.10%		1,220,251		85.35%
Total Deposits	$	1,439,167		100.00%	$	1,429,629		100.00%

The aggregate amount of certificates of deposit in denominations of $250,000 or more at March 31, 2019 and December 31, 2018 was $135.1 million and $117.2 million, respectively.

The FDIC’s examination policies require that the Company monitor all customer deposit concentrations at or above 2% of total deposits. At March 31, 2019, the Bank had one customer deposit relationship that exceeded 2% of total deposits, totaling $136.0 million which represented 9.45% of total deposits. At December 31, 2018, the Bank had one customer deposit relationship that exceeded 2% of total deposits, totaling $158.8 million which represented 11.1% of total deposits.