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v3.23.1

DEPOSITS | 12 Months Ended
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Dec. 31, 2022
Deposits [Abstract] |
DEPOSITS | DEPOSITS A summary of deposits at December 31, 2022 and 2021 is as follows (in thousands):
|  | 2022 |  | 2021
Non-interest-bearing demand deposits |  | $ | 733,329 |  |  | $ | 739,607 |
Interest-bearing demand deposits |  | 271,645 |  |  | 284,721 |
Money market accounts |  | 640,840 |  |  | 654,553 |
Savings deposits |  | 279,029 |  |  | 280,195 |
Certificates of deposits $250,000 or less |  | 272,182 |  |  | 141,990 |
Certificates of deposits greater than $250,000 |  | 31,547 |  |  | 27,974 |
One-way brokered deposits 1 |  | 73,452 |  |  | — |
Other time deposits 2 |  | 25,203 |  |  | 26,393 |
Total |  | $ | 2,327,227 |  |  | $ | 2,155,433 |
__________________________________________________________ 1 Brokered deposits which are individually $250,000 and under. 2 Includes Individual Retirement Accounts and Christmas Club Accounts. Total customer deposits include reciprocal balances from checking, money market deposits and CDs received from participating banks in nationwide deposit networks as a result of our customers electing to participate in Corporate offered ICS/CDARS programs allowing enhanced FDIC insurance protection. In general, the equivalent of the customers' original deposited funds comes back to the Corporation and are carried within the time deposits category. Scheduled maturities of time deposits at December 31, 2022, are summarized as follows (in thousands):
Year |  | Maturities
2023 1 |  | 303,719 |
2024 |  | 75,324 |
2025 |  | 10,702 |
2026 |  | 5,998 |
2027 |  | 2,784 |
2028 |  | 3,857 |
Total |  | $ | 402,384 |
__________________________________________________ 1 $73.5 million of 2023 maturities represent brokered deposits. Time deposits that meet or exceed the FDIC Insurance limit of $250 thousand at December 31, 2022 and 2021 were $36.4 million and $28.8 million, 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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