XML 33 R18.htm IDEA: XBRL DOCUMENT
v3.23.4

DEPOSITS | 12 Months Ended
--- | ---
Dec. 31, 2022
Deposits [Abstract] |
DEPOSITS | Note 10 DEPOSITS The composition of the Company’s interest bearing deposits at December 31 was as follows: (Dollars in Thousands) 2022 2021 NOW Accounts $ 1,290,494 $ 1,070,154 Money Market Accounts 267,383 274,611 Savings Deposits 637,374 599,811 Time Deposits 90,446 99,374 Total Interest Bearing Deposits $ 2,285,697 $ 2,043,950 At December 31, 2022 and 2021, $ 1.1 million in overdrawn deposit accounts were reclassified as loans. The amount of time deposits that meet or exceed the FDIC insurance limit of $250,000 totaled $ 11.1 million and $ 10.0 million at December 31, 2022 and 2021, respectively. At December 31, the scheduled maturities of time deposits were as follows: (Dollars in Thousands) 2022 2023 $ 69,221 2024 10,284 2025 5,122 2026 1,737 2027 4,082 Total $ 90,446 Interest expense on deposits for the three years ended December 31, was as follows: (Dollars in Thousands) 2022 2021 2020 NOW Accounts $ 2,800 $ 294 $ 930 Money Market Accounts 203 134 223 Savings Deposits 309 263 207 Time Deposits < $250,000 129 145 179 Time Deposits > $250,000 3 3 9 Total Interest Expense $ 3,444 $ 839 $ 1,548

X
- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 + Details
Name: | us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DepositsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration