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Deposits | 12 Months Ended
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Dec. 31, 2022
Deposits [Abstract] |
Deposit Liabilities Disclosures | Deposits The composition of deposits is shown below.
|  | December 31, 2022 |  | December 31, 2021
|  | Balance |  | Average Balance |  | Average Rate |  | Balance |  | Average Balance |  | Average Rate
|  | (Dollars in Thousands)
Non-interest-bearing transaction accounts |  | $ | 537,107 |  |  | $ | 566,230 |  |  | — | % |  | $ | 589,559 |  |  | $ | 536,981 |  |  | — | %
Interest-bearing transaction accounts |  | 576,601 |  |  | 503,668 |  |  | 0.79 |  |  | 530,225 |  |  | 506,693 |  |  | 0.19 |
Money market accounts |  | 698,505 |  |  | 761,469 |  |  | 0.82 |  |  | 754,410 |  |  | 693,608 |  |  | 0.17 |
Certificates of deposit |  | 153,757 |  |  | 97,448 |  |  | 1.39 |  |  | 54,091 |  |  | 47,020 |  |  | 0.84 |
Wholesale deposits |  | 202,236 |  |  | 48,825 |  |  | 3.31 |  |  | 29,638 |  |  | 119,831 |  |  | 0.82 |
Total deposits |  | $ | 2,168,206 |  |  | $ | 1,977,640 |  |  | 0.67 |  |  | $ | 1,957,923 |  |  | $ | 1,904,133 |  |  | 0.19 |
A summary of annual maturities of in-market and wholesale certificates of deposit at December 31, 2022 is as follows:
(In Thousands) |  |
Maturities during the year ended December 31, |  |
2023 |  | $ | 234,750 |
2024 |  | 12,804 |
2025 |  | 14,442 |
2026 |  | 25,493 |
2027 |  | 51,432 |
Thereafter |  | 2,072 |
|  | $ | 340,993 |
Wholesale deposits include $187.2 million and $15.0 million of wholesale certificates of deposit and non-reciprocal interest-bearing transaction accounts, respectively, at December 31, 2022, compared to $19.6 million and $10.0 million of wholesale certificates of deposit and non-reciprocal interest-bearing transaction accounts at December 31, 2021. Deposits include $81.6 million and $7.9 million of certificates of deposit and wholesale deposits which are denominated in amounts greater than $250,000 at December 31, 2022 and 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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