DEPOSITS

12 Months Ended

Dec. 31, 2021

DEPOSITS.

DEPOSITS

NOTE 7. DEPOSITS

Deposits at December 31, 2021 and 2020 are summarized as follows:

	December 31, 2021				December 31, 2020
(Dollars in thousands)	Amount		Percent		Amount		Percent
Non-interest-bearing deposits	$	30,299	17.1	%	$	26,169	15.9	%
Negotiable order of withdrawal (“NOW”)		34,357	19.4			30,890	18.8
Money market		18,878	10.7			15,989	9.7
Savings		26,698	15.1			22,209	13.5
Certificates of deposit		66,563	37.7			69,341	42.1
Total deposits	$	176,795	100.0	%	$	164,598	100.0	%

Certificates of deposit and other time deposits issued in denominations that exceed FDIC insurance limit of $250,000 or more totaled $14.5 million and $14.4 million at December 31, 2021 and 2020, respectively, and are included in interest-bearing deposits in the statements of financial condition.

At December 31, 2021 scheduled maturities of certificates of deposits were as follows:

(Dollars in thousands)	Amount
2022	$	50,051
2023		12,976
2024		2,459
2025		1,077
2026		-
Total	$	66,563