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Deposits | 12 Months Ended
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Dec. 31, 2024
Deposits [Abstract] |
Deposits | Deposits Deposits consisted of the following as of December 31:
(Dollars in thousands) | 2024 |  | 2023
Noninterest-bearing demand deposits | $ | 759,169 |  |  | $ | 801,312 |
Interest-bearing demand deposits | 1,101,444 |  |  | 947,372 |
Money market | 958,051 |  |  | 850,674 |
Savings | 260,258 |  |  | 288,404 |
Total demand and savings | 3,078,922 |  |  | 2,887,762 |
Time | 1,611,005 |  |  | 1,458,450 |
Total deposits | $ | 4,689,927 |  |  | $ | 4,346,212 |
The scheduled maturities of time deposits at December 31, 2024 were as follows:
| Time Deposits
(In thousands) | Less than $250,000 |  | $250,000 or more
Maturing in 2025 | $ | 1,089,099 |  |  | $ | 356,781 |
Maturing in 2026 | 104,814 |  |  | 15,638 |
Maturing in 2027 | 24,083 |  |  | 1,222 |
Maturing in 2028 | 10,503 |  |  | 264 |
Maturing in 2029 | 4,790 |  |  | 250 |
Maturing thereafter | 3,007 |  |  | 554 |
| $ | 1,236,296 |  |  | $ | 374,709 |
Mid Penn had $319.8 million in brokered certificates of deposits as of December 31, 2024 and $244.8 million as of December 31, 2023. As of December 31, 2024 and 2023, Mid Penn had $83.7 million an d $96.7 million of CDAR (Certificate of Deposit Account Registry) deposits, respectively. Deposits and other funds from related parties held by Mid Penn at December 31, 2024 and 2023 amounted to $31.8 million and $48.3 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/1943274/2147478353/942-405-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(12)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph e -Publisher SEC Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC + Details
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