Note 8 - Deposits

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Deposits Assets Disclosure Noncurrent [Text Block]

( 8 ) DEPOSITS

The aggregate amount of time deposit accounts with balances that met or exceeded the Federal Deposit Insurance Corporation (“FDIC”) insurance limit of

$250,000

was approximately

$5.8

million and

$4.0

million at

December 31, 2019

and

2018,

respectively.

At

December 31, 2019,

scheduled maturities of time deposits were as follows:

Year ending December 31:	(In thousands)
2020	$	33,861
2021		17,117
2022		6,747
2023		6,009
2024		5,122
Total	$	68,856

The Bank held deposits of approximately

$13.3

million and

$13.8

million for related parties at

December 31, 2019

and

2018,

respectively.