Note 10 - Deposits

12 Months Ended

Dec. 31, 2020

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,
	2020		2019
(Amounts in thousands)
Noninterest-bearing demand deposits	$	772,795	$	627,868
Interest-bearing deposits
Interest-bearing demand deposits		598,148		497,470
Money market accounts		258,864		235,712
Savings deposits		495,821		453,240
Certificates of deposit		293,848		372,821
Individual retirement accounts		126,771		142,801
Total interest-bearing deposits		1,773,452		1,702,044
Total deposits	$	2,546,247	$	2,329,912

The following schedule presents the contractual maturities of time deposits, by year, as of December 31, 2020:

(Amounts in thousands)
2021	$	225,521
2022		86,293
2023		45,797
2024		24,440
2025		30,820
2026 and thereafter		7,748
Total contractual maturities	$	420,619

Time deposits of $250 thousand or more totaled $35.93 million as of December 31, 2020, and $53.49 million as of December 31, 2019. The following schedule presents the contractual maturities of time deposits of $250 thousand or more as of December 31, 2020:

(Amounts in thousands)
Three months or less	$	3,372
Over three through six months		6,605
Over six through twelve months		9,841
Over twelve months		16,112
Total contractual maturities	$	35,930