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Deposits (Tables)
12 Months Ended
Dec. 31, 2023
Banking and Thrift, Other Disclosure [Abstract]  
Components of interest-bearing deposits
Interest-bearing deposits consisted of the following (in thousands):
 December 31,
20232022
Savings$179,609 $215,287 
Money market497,043 435,783 
NOW accounts251,334 324,089 
Time, $250,000 or more24,257 13,338 
Time, under $250,000137,828 54,585 
$1,090,071 $1,043,082 
Aggregate annual maturities of time deposits
Aggregate annual maturities of time deposits are as follows (in thousands):
Years Ending December 31,
2024$128,035 
20253,327 
20261,343 
202715,334 
202814,046 
Thereafter— 
 $162,085 
Components of interest expense recognized on interest-bearing deposits
Interest expense recognized on interest-bearing deposits consisted of the following (in thousands):
 Years Ended December 31,
202320222021
Savings$245 $25 $20 
Money market8,910 848 661 
NOW accounts366 207 162 
Time certificates of deposit6,006 117 193 
$15,527 $1,197 $1,036 

As of December 31, 2023 and December 31, 2022 uninsured deposits totaled $821,756,000 and $900,123,000, respectively.