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Interest-Bearing Deposits | 12 Months Ended
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Dec. 31, 2021
Deposits [Abstract] |
Interest-Bearing Deposits | Interest-Bearing Deposits Major categories of interest bearing deposits are as follows:
(in thousands) |  | 2021 |  | 2020
Interest-bearing demand accounts |  | $ | 330,924 |  |  | $ | 257,126 |
Money market accounts |  | 493,919 |  |  | 447,077 |
Savings |  | 6,994 |  |  | 4,800 |
Certificates of deposit of $250,000 or more |  | 108,827 |  |  | 134,752 |
Other time deposits |  | 68,823 |  |  | 199,814 |
Total interest-bearing deposits |  | $ | 1,009,487 |  |  | $ | 1,043,569 |
The Company did not have any brokered deposits at December 31, 2021 compared to $45.1 million at December 31, 2020. The aggregate amount of Certificate of Deposit Account Registry Service (“CDARS”) deposits was $8.6 million and $10.7 million at December 31, 2021 and 2020, respectively. Certificates of deposit, as of December 31, 2021, mature as follows:
(in thousands) |  |
2022 |  | $ | 167,322 |
2023 |  | 7,830 |
2024 |  | 960 |
2025 |  | 824 |
2026, and thereafter |  | 714 |
|  | $ | 177,650 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://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 http://asc.fasb.org/extlink&oid=120398452&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
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- References No definition available. + Details
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