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INTEREST-BEARING DEPOSITS | 12 Months Ended
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Dec. 31, 2023
Interest Bearing Deposits Abstract |
Deposit Liabilities Disclosures [Text Block] | NOTE 7 - INTEREST-BEARING DEPOSITS Interest-bearing deposits, by type of account, were as follows as of:
|  | December 31, 2023 |  |  | December 31, 2022 |
NOW accounts |  | $ | 150,548 |  |  | $ | 225,859 |
Savings and money market accounts |  |  | 924,558 |  |  |  | 1,048,612 |
Time deposits $250,000 or less |  |  | 426,145 |  |  |  | 224,550 |
Time deposits greater than $250,000 |  |  | 279,038 |  |  |  | 129,989 |
|  | $ | 1,780,289 |  |  | $ | 1,629,010 |
Year-end maturities of time deposits, as of December 31, 2023, were as follows:
Year Ended December 31, |  | Amount |
2024 |  | $ | 646,978 |
2025 |  |  | 49,642 |
2026 |  |  | 4,183 |
2027 |  |  | 2,238 |
2028 |  |  | 2,142 |
Thereafter |  |  | — |
|  | $ | 705,183 |
Deposits of executive officers, directors and significant shareholders at December 31, 2023 and 2022 totaled $40,799 and $56,291, 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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