Note 8. Deposits

The following table summarizes the major classifications of deposit balances as of the dates indicated:


	December 31,
	2018		2017
(dollars in thousands)
Noninterest-bearing deposits	$	101,369	$	104,017

Interest-bearing deposits:
Interest-bearing checking		26,654		28,774
Money Market		18,564		19,855
Savings		84,097		85,890
Time deposits, $100,000 or more		41,665		43,452
Time deposits below $100,000		50,104		52,250
Total interest- bearing deposits		221,084		230,221

Total Deposits	$	322,453	$	334,238

Interest expense on deposits for the years ended December 31, 2018 and 2017 is as follows:


	2018		2017
(dollars in thousands)
Interest-bearing checking	$	8	$	9
Money Market		10		10
Savings		62		50
Time deposits, $100,000 or more		704		665
Time deposits below $100,000		564		566
Total Interest Expense	$	1,348	$	1,300

The Bank recognized $0.2 million and $0.3 million of fee income from deposits for the years ended December 31, 2018 and 2017.

At December 31, 2018, the scheduled maturities of time deposits are approximately as follows:


(dollars in thousands)	Amount
Maturing in:
2019	$	52,006
2020		23,319
2021		7,528
2022		3,229
2023		5,075
2024 and thereafter		612
Total Time Deposits	$	91,769

Deposit balances of executive officers and directors and their affiliated interests totaled approximately $1.6 million and $1.9 million at December 31, 2018 and 2017, respectively.

The Bank had no brokered deposits at December 31, 2018 and 2017.