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Deposits | 12 Months Ended
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Dec. 31, 2023
Deposits [Abstract] |
Deposits | Deposits Deposits consisted of the following as of December 31:
(Dollars in thousands) | 2023 |  | 2022
Noninterest-bearing demand deposits | $ | 801,312 |  |  | $ | 793,939 |
Interest-bearing demand deposits | 947,372 |  |  | 1,024,351 |
Money market | 850,674 |  |  | 962,265 |
Savings | 288,404 |  |  | 339,231 |
Total demand and savings | 2,887,762 |  |  | 3,119,786 |
Time | 1,458,450 |  |  | 658,545 |
Total deposits | $ | 4,346,212 |  |  | $ | 3,778,331 |
Overdrafts | $ | 315 |  |  | $ | 401 |
The scheduled maturities of time deposits at December 31, 2023 were as follows:
| Time Deposits
(In thousands) | Less than $250,000 |  | $250,000 or more
Maturing in 2024 | $ | 886,322 |  |  | $ | 294,212 |
Maturing in 2025 | 172,002 |  |  | 35,816 |
Maturing in 2026 | 32,084 |  |  | 2,782 |
Maturing in 2027 | 20,424 |  |  | 1,182 |
Maturing in 2028 | 10,043 |  |  | 254 |
Maturing thereafter | 3,037 |  |  | 292 |
| $ | 1,123,912 |  |  | $ | 334,538 |
Mid Penn had $244.8 million in brokered certificates of deposits as of December 31, 2023 and $100.0 million as of December 31, 2022. As of December 31, 2023 and 2022, Mid Penn had $96.7 million an d $29.6 million of CDAR deposits, respectively. Deposits and other funds from related parties held by Mid Penn at December 31, 2023 and 2022 amounted to $48.3 million and $56.8 million, respectively.

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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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