Note 10 - Deposits

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

Note

10

.

Deposits

The following table presents the components of deposits as of the dates indicated:

	December 31,
	2019		2018
(Amounts in thousands)
Noninterest-bearing demand deposits	$	627,868	$	459,550
Interest-bearing deposits
Interest-bearing demand deposits		497,470		451,721
Money market accounts		235,712		153,483
Savings deposits		453,240		345,335
Certificates of deposit		372,821		330,757
Individual retirement accounts		142,801		114,904
Total interest-bearing deposits		1,702,044		1,396,200
Total deposits	$	2,329,912	$	1,855,750

The following schedule presents the contractual maturities of time deposits, by year, as of

December 31, 2019:

(Amounts in thousands)
2020	$	282,220
2021		106,927
2022		62,436
2023		33,579
2024		23,622
2025 and thereafter		6,838
Total contractual maturities	$	515,622

Time deposits of

$250

thousand or more totaled

$53.49

million as of

December 31, 2019,

and

$43.84

million as of

December 31, 2018.

The following schedule presents the contractual maturities of time deposits of

$250

thousand or more as of

December 31, 2019:

(Amounts in thousands)
Three months or less	$	13,832
Over three through six months		7,867
Over six through twelve months		11,764
Over twelve months		20,031
Total contractual maturities	$	53,494