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DEPOSITS (Tables)
12 Months Ended
Dec. 31, 2023
Deposits [Abstract]  
Summary of Composition of Deposits
The following table summarizes deposits by type at December 31, 2023 and 2022. During the fourth quarter of 2022, the Bank announced that it had entered into a Purchase and Assumption Agreement providing for the sale of its Path Valley branch and associated deposit liabilities. At December 31, 2022, deposits of $31.3 million were expected to be conveyed in the branch sale, are reported within total deposits at cost and were comprised of $23.5 million in interest-bearing deposits and $7.8 million in non-interest bearing deposits. These deposits were reported at cost as deposits held for assumption in connection with the sale of a bank branch within total deposits in the consolidated balance sheets.
The sale was completed on May 12, 2023, which included deposits of approximately $18.7 million comprising of $14.4 million in interest-bearing deposits and $4.3 million in noninterest-bearing deposits.
20232022
Noninterest-bearing demand deposits$430,959 $501,963 
Interest-bearing demand deposits1,000,652 987,158 
Savings720,696 736,124 
Time ($250,000 or less)330,093 214,484 
Time (over $250,000)76,414 36,517 
Total$2,558,814 $2,476,246 
Scheduled Maturities of Time Deposits
The following table summarizes scheduled future maturities of time deposits as of December 31, 2023.
2024$381,911 
202512,862 
20265,193 
20272,708 
20282,567 
Thereafter1,266 
$406,507