Interest-Bearing Deposits

12 Months Ended

Dec. 31, 2017

Text Block [Abstract]

Interest-Bearing Deposits

NOTE 9 - INTEREST-BEARING DEPOSITS

Interest-bearing deposits as of December 31, 2017 and 2016 were as follows:

	2017		2016
Demand	$	183,680	$	183,759
Statement and Passbook Savings		435,377		384,330
Certificates of Deposit:
$250 and over		8,206		13,640
Other		192,455		168,723
Individual Retirement Accounts		23,241		25,063
Total	$	842,959	$	775,515

NOTE 9 - INTEREST-BEARING DEPOSITS (Continued)

Scheduled maturities of certificates of deposit, including IRA’s at December 31, 2017 were as follows:

2018	$	161,656
2019		41,926
2020		15,459
2021		3,382
2022		1,202
Thereafter		277
Total	$	223,902

Deposits from the Company’s principal officers, directors, and their affiliates at year-end 2017 and 2016 were $9,633 and $9,209, respectively.

As of December 31, 2017, CDs and IRAs totaling $9,141 met or exceeded the FDIC’s insurance limit of $250,000.