With dimensional lumber, I've only heard it called a "halving joint", but that refers to any joint where half the
wood is removed from each piece. I've mostly seen them done with half the lumber removed from one side of each board, rather than top and bottom like you are doing, and with exactly half the lumber removed from each, rather than a smaller piece like you are doing. There are lots of types of halving joints for all different configurations, but I'm not sure if what you are doing really falls into that category.