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Deposits | 12 Months Ended
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Dec. 31, 2023
Maturities of Time Deposits [Abstract] |
Deposits | DEPOSITS Following is a summary of certificates of deposit maturities at December 31, 2023:
($ in thousands) | Brokered |  | Customer |  | Total
Less than 1 year | $ | 387,609 |  |  | $ | 714,213 |  |  | $ | 1,101,822 |
Greater than 1 year and less than 2 years | 95,150 |  |  | 61,365 |  |  | 156,515 |
Greater than 2 years and less than 3 years | — |  |  | 6,073 |  |  | 6,073 |
Greater than 3 years and less than 4 years | — |  |  | 2,946 |  |  | 2,946 |
Greater than 4 years and less than 5 years | — |  |  | 1,291 |  |  | 1,291 |
Greater than 5 years | — |  |  | 4,267 |  |  | 4,267 |
| $ | 482,759 |  |  | $ | 790,155 |  |  | $ | 1,272,914 |
Certificates of deposit balances over the FDIC insurance limit of $250,000 were $234.6 million as of December 31, 2023. At December 31, 2023, deposit accounts of executive officers and directors, or to entities in which such individuals had beneficial interests as a shareholder, officer, or director totaled $2.6 million. The Company is a participant in certain networks that offer deposit placement services on a reciprocal basis that qualify large deposits for FDIC insurance. The Company had $91.7 million and $10.6 million of certificates of deposits, and $1.1 billion and $195.1 million of demand deposits in these reciprocal accounts at December 31, 2023 and 2022, respectively. At December 31, 2023 and 2022, overdraft deposits of $1.6 million and $3.2 million, respectively, were reclassified to loans.

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481047/942-405-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) -Publisher SEC Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
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