Interest-Bearing Deposits

12 Months Ended

Dec. 31, 2018

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Interest-Bearing Deposits

NOTE 9 - INTEREST-BEARING DEPOSITS

Interest-bearing deposits as of December 31, 2018 and 2017 were as follows:

	2018		2017
Demand	$	261,996	$	183,680
Statement and Passbook Savings		582,128		435,377
Certificates of Deposit:
$250 and over		42,815		8,206
Other		173,445		192,455
Individual Retirement Accounts		51,426		23,241
Total	$	1,111,810	$	842,959

Scheduled maturities of certificates of deposit, including IRA’s at December 31, 2018 were as follows:

2019	$	155,304
2020		66,734
2021		29,011
2022		11,582
2023		4,667
Thereafter		388
Total	$	267,686

Deposits from the Company’s principal officers, directors, and their affiliates at year-end 2018 and 2017 were $6,925 and $9,633, respectively.

As of December 31, 2018, CDs and IRAs totaling $46,999 met or exceeded the FDIC’s insurance limit of $250,000.