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DEPOSITS (Tables) | 12 Months Ended
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Dec. 31, 2023
DEPOSITS [Abstract] |
Deposits | The following table shows the breakdown of deposits as of December 31, 2023 and 2022, by deposit type (in thousands):
|  | 2023 |  |  | 2022 |
Non-interest-bearing deposits |  | $ | 523,784 |  |  | $ | 396,260 |
NOW accounts |  |  | 670,712 |  |  |  | 512,502 |
Savings deposits |  |  | 307,357 |  |  |  | 321,917 |
Money market deposit accounts |  |  | 400,154 |  |  |  | 335,838 |
Certificates of deposit |  |  | 419,474 |  |  |  | 277,691 |
Total |  | $ | 2,321,481 |  |  | $ | 1,844,208 |
Maturities of Certificates of Deposit | Following are maturities of certificates of deposit as of December 31, 2023 (in thousands):
2024 |  | $ | 263,074 |
2025 |  |  | 87,829 |
2026 |  |  | 34,410 |
2027 |  |  | 17,250 |
2028 |  |  | 13,705 |
Thereafter |  |  | 3,206 |
Total certificates of deposit |  | $ | 419,474 |

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