Note 8 - Deposits

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

(8) Deposits

Deposits at  December 31, 2020 and 2019 are summarized as follows:

	In Thousands
	2020		2019
Demand deposits	$	391,360		284,611
Savings accounts		201,984		140,270
Negotiable order of withdrawal accounts		771,195		558,745
Money market demand accounts		984,677		801,986
Certificates of deposit $250,000 or greater		112,696		131,899
Other certificates of deposit		425,299		425,222
Individual retirement accounts $250,000 or greater		10,323		10,646
Other individual retirement accounts		63,061		64,226
	$	2,960,595		2,417,605

Principal maturities of certificates of deposit and individual retirement accounts at  December 31, 2020 are as follows:

	(In Thousands)
Maturity	Total
2021	$	342,291
2022		138,959
2023		87,243
2024		23,157
2025		19,271
Thereafter		458
	$	611,379

The aggregate amount of overdrafts reclassified as loans receivable was $284,000 and $529,000 at  December 31, 2020 and 2019, respectively.

As of  December 31, 2020 and 2019, Wilson Bank was not required to maintain a cash balance with the Federal Reserve.