| Deposits |
Note 6 – Deposits
Deposits as of September 30, 2020 and December 31, 2019 were as follows (dollars in thousands):
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September 30, 2020
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December 31, 2019
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Amount
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%
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Amount
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%
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|
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Demand accounts
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|
$
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217,204
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|
37.9
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%
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$
|
131,228
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|
29.6
|
%
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Interest checking accounts
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|
|
59,711
|
|
10.4
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%
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|
48,427
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|
10.9
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%
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Money market accounts
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|
|
147,467
|
|
25.7
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%
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|
99,955
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|
22.6
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%
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Savings accounts
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|
|
33,733
|
|
5.9
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%
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|
26,396
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|
6.0
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%
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Time deposits of $250,000 and over
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|
|
16,315
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|
2.8
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%
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|
22,327
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|
5.0
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%
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Other time deposits
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|
|
99,422
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|
17.3
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%
|
|
114,875
|
|
25.9
|
%
|
|
|
|
|
|
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|
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Total
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$
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573,852
|
|
100.0
|
%
|
$
|
443,208
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|
100.0
|
%
|
|