XML 61 R45.htm IDEA: XBRL DOCUMENT v3.24.0.1
Deposits (Tables)
12 Months Ended
Dec. 31, 2023
Deposits  
Summary of Time Deposits Based Upon Contractual Maturity

Years ending December 31,

Amount

2024

$

688,983

2025

195,522

2026

74,417

2027

20,347

2028

 

2,243

Thereafter

 

458

Total time deposits

$

981,970

Schedule of Interest Expense on Deposits

The Company incurred interest expense on deposits as follows during the years indicated:

For the years ended December 31, 

    

2023

    

2022

    

2021

Interest bearing demand deposits

$

26,984

$

2,163

$

1,088

Money market accounts

 

57,028

 

5,808

 

3,995

Savings accounts

 

3,945

 

1,376

 

1,157

Time deposits

 

21,421

 

5,249

 

7,362

Total

$

109,378

$

14,596

$

13,602