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Deposits | 9 Months Ended
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Sep. 30, 2022
Deposits [Abstract] |
Deposits | Deposits The composition of deposits is shown below. Average balances represent year to date averages.
|  | September 30, 2022 |  | December 31, 2021
|  | Balance |  | Average Balance |  | Average Rate |  | Balance |  | Average Balance |  | Average Rate
|  | (Dollars in Thousands)
Non-interest-bearing transaction accounts |  | $ | 564,141 |  |  | $ | 568,131 |  |  | — | % |  | $ | 589,559 |  |  | $ | 536,981 |  |  | — | %
Interest-bearing transaction accounts |  | 461,883 |  |  | 507,402 |  |  | 0.42 |  |  | 530,225 |  |  | 506,693 |  |  | 0.19 |
Money market accounts |  | 742,545 |  |  | 765,839 |  |  | 0.43 |  |  | 754,410 |  |  | 693,608 |  |  | 0.17 |
Certificates of deposit |  | 160,655 |  |  | 80,093 |  |  | 0.85 |  |  | 54,091 |  |  | 47,020 |  |  | 0.84 |
Wholesale deposits |  | 158,321 |  |  | 21,838 |  |  | 2.66 |  |  | 29,638 |  |  | 119,831 |  |  | 0.82 |
Total deposits |  | $ | 2,087,545 |  |  | $ | 1,943,303 |  |  | 0.34 |  |  | $ | 1,957,923 |  |  | $ | 1,904,133 |  |  | 0.19 |
A summary of annual maturities of in-market and wholesale certificates of deposit at September 30, 2022 is as follows:
(In Thousands) |  |
Maturities during the year ended December 31, |  |
2022 |  | $ | 208,837 |
2023 |  | 49,268 |
2024 |  | 26,424 |
2025 |  | 1,452 |
2026 |  | 492 |
Thereafter |  | 2,503 |
|  | $ | 288,976 |
Wholesale deposits include $128.3 million of wholesale certificates of deposit and $30.0 million of non-reciprocal interest-bearing transaction accounts at September 30, 2022, compared to $19.6 million and $10.0 million of wholesale certificates of deposit and non-reciprocal interest-bearing transaction accounts, respectively, at December 31, 2021. Deposits include $50.3 million and $7.9 million of certificates of deposit and wholesale deposits which are denominated in amounts greater than $250,000 at September 30, 2022 and December 31, 2021, 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 -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI https://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 https://asc.fasb.org/extlink&oid=126897435&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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