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Deposits (Tables)
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Deposits outstanding by type
Deposits outstanding at December 31, 2018 and 2017 are summarized below by account type.
 
December 31, 2018
 
December 31, 2017
 
Balance
 
Weighted
Rate
 
Interest Rate
Range
 
Balance
 
Weighted
Rate
 
Interest Rate
Range
Checking Accounts
$
219,515,207

 
0.09%
 
0.00-1.98%
 
$
197,434,385

 
0.04%
 
0.00-1.98%
Money Market Accounts
261,136,008

 
0.65%
 
0.00-2.23%
 
231,652,920

 
0.28%
 
0.00-1.10%
Savings Accounts
48,391,799

 
0.14%
 
0.00-0.14%
 
42,927,311

 
0.11%
 
0.00-0.11%
Total
$
529,043,014

 
0.31%
 
0.00-2.23%
 
$
472,014,616

 
0.16%
 
0.00-1.98%
Certificate Accounts:
 
 
 
 
 
 
 
 
 
 
 
0.00 – 0.99%
$
70,854,896

 
 
 
 
 
$
129,354,569

 
 
 
 
1.00 – 1.99%
120,011,938

 
 
 
 
 
99,627,750

 
 
 
 
2.00 – 2.99%
47,586,859

 
 
 
 
 
1,109,684

 
 
 
 
Total
$
238,453,693

 
1.37%
 
0.35-2.86%
 
$
230,092,003

 
0.90%
 
0.10-2.00%
Total Deposits
$
767,496,707

 
0.64%
 
0.00-2.86%
 
$
702,106,619

 
0.41%
 
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, 2018 and 2017:
 
December 31,
 
2018
 
2017
Within 1 Year
$
160,771,824

 
$
135,173,064

After 1 Year, Within 2 Years
43,330,060

 
56,687,383

After 2 Years, Within 3 Years
23,990,251

 
11,572,310

After 3 Years, Within 4 Years
6,358,577

 
19,946,316

After 4 Years, Within 5 Years
3,488,598

 
6,208,724

Thereafter
514,383

 
504,206

 
$
238,453,693

 
$
230,092,003