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Deposits
12 Months Ended
Dec. 31, 2017
Banking and Thrift [Abstract]  
Deposits
DEPOSITS
 
Interest-bearing deposits consisted of the following (in thousands):
 
 
December 31,
 
 
2017
 
2016
Savings
 
$
116,534

 
$
105,098

Money market
 
299,638

 
250,749

NOW accounts
 
296,406

 
247,623

Time, $250,000 or more
 
34,441

 
39,284

Time, under $250,000
 
93,629

 
117,410

 
 
$
840,648

 
$
760,164



Aggregate annual maturities of time deposits are as follows (in thousands):
Years Ending December 31,
 
 
2018
 
$
107,348

2019
 
13,229

2020
 
3,086

2021
 
1,519

2022
 
1,769

Thereafter
 
1,119

 
 
$
128,070


 
Interest expense recognized on interest-bearing deposits consisted of the following (in thousands):
 
 
Years Ended December 31,
 
 
2017
 
2016
 
2015
Savings
 
$
33

 
$
27

 
$
30

Money market
 
211

 
133

 
141

NOW accounts
 
317

 
290

 
231

Time certificates of deposit
 
408

 
525

 
546

 
 
$
969

 
$
975

 
$
948