Deposits (Tables)

9 Months Ended

Sep. 30, 2023

The composition of deposits is shown below. Average balances represent year-to-date averages.


	September 30, 2023						December 31, 2022
	Balance		Average Balance		Average Rate		Balance		Average Balance		Average Rate
	(Dollars in Thousands)
Non-interest-bearing transaction accounts	$	430,011	$	455,653	—	%	$	537,107	$	566,230	—	%
Interest-bearing transaction accounts	779,789		657,155		3.26		576,601		503,668		0.79
Money market accounts	694,199		663,284		3.01		698,505		761,469		0.82
Certificates of deposit	285,265		271,684		3.95		153,757		97,448		1.39
Wholesale deposits	467,743		311,038		4.15		202,236		48,825		3.31
Total deposits	$	2,657,007	$	2,358,814	2.76		$	2,168,206	$	1,977,640	0.67

A summary of annual maturities of in-market and wholesale certificates of deposit at September 30, 2023 is as follows:


(In Thousands)
Maturities during the year ended December 31,
2023	$	365,358
2024	121,040
2025	17,504
2026	50,660
2027	73,837
Thereafter	14,609
	$	643,008