Deposits (Tables)

12 Months Ended

Dec. 31, 2017

Banking and Thrift [Abstract]

Deposits outstanding by type

Deposits outstanding at December 31, 2017 and 2016 are summarized below by account type.

	December 31, 2017				December 31, 2016
	Balance		Weighted Rate	Interest Rate Range	Balance		Weighted Rate	Interest Rate Range
Checking Accounts	$	197,434,385	0.04%	0.00-1.98%	$	171,133,555	0.02%	0.00-0.20%
Money Market Accounts	231,652,920		0.28%	0.00-1.10%	230,902,038		0.20%	0.00-0.50%
Statement Savings Accounts	42,927,311		0.11%	0.00-0.11%	36,522,989		0.10%	0.00-0.10%
Total	$	472,014,616	0.16%	0.00-1.98%	$	438,558,582	0.12%	0.00-0.50%
Certificate Accounts:
0.00 – 0.99%	$	129,354,569			$	148,370,515
1.00 – 1.99%	99,627,750				66,532,221
2.00 – 2.99%	1,109,684				641,960
Total	$	230,092,003	0.90%	0.10-2.00%	$	215,544,696	0.78%	0.05-2.00%
Total Deposits	$	702,106,619	0.41%	0.00-2.00%	$	654,103,278	0.34%	0.00-2.00%

Amounts and scheduled maturities of all certificates of deposit

The amounts and scheduled maturities of all certificates of deposit were as follows at December 31, 2017 and 2016:

	December 31,
	2017		2016
Within 1 Year	$	135,173,064	$	131,484,617
After 1 Year, Within 2 Years	56,687,383		40,384,177
After 2 Years, Within 3 Years	11,572,310		15,459,977
After 3 Years, Within 4 Years	19,946,316		8,452,948
After 4 Years, Within 5 Years	6,208,724		19,762,977
Thereafter	504,206		—
	$	230,092,003	$	215,544,696