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Deposits | 3 Months Ended
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Mar. 31, 2023
Deposits [Abstract] |
Deposits | Note 12 – Deposits The following table summarizes deposits as of March 31, 2023 and December 31, 2022.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(dollars in thousands) |  | March 31, 2023 |  | December 31, 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Non-Interest-bearing deposits: | ​ | $ | 468,554 |  | 30% | ​ | $ | 506,613 | ​ | 32%
Interest-bearing deposits: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Demand | ​ | ​ | 362,585 | ​ | 23% | ​ | ​ | 327,685 | ​ | 21%
Money Market | ​ | ​ | 339,163 | ​ | 21% | ​ | ​ | 365,192 | ​ | 23%
Savings deposits | ​ | ​ | 242,441 | ​ | 15% | ​ | ​ | 250,720 | ​ | 16%
Time deposits- retail | ​ | ​ | 117,461 | ​ | 7% | ​ | ​ | 120,523 | ​ | 8%
Time deposits- brokered | ​ | ​ | 61,081 | ​ | 4% | ​ | ​ | — | ​ | 0%
Total Deposits | ​ | $ | 1,591,285 | ​ | 100% | ​ | $ | 1,570,733 | ​ | 100%
​ ​ The following table summarizes the percentage of deposits that are insured by deposit insurance or otherwise fully collateralized by securities compared to uninsured deposits as of March 31, 2023 and December 31, 2022.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2023 | ​ | December 31, 2022
(dollars in thousands) | ​ | ​ | Balance | ​ | Percent | ​ | ​ | Balance | ​ | Percent
Insured/collateralized deposits | ​ | $ | 1,125,896 | ​ | 71% | ​ | $ | 1,118,190 | ​ | 71%
Uninsured deposits | ​ | ​ | 465,389 | ​ | 29% | ​ | ​ | 452,543 | ​ | 29%
​ | ​ | $ | 1,591,285 | ​ | 100% | ​ | $ | 1,570,733 | ​ | 100%
​ The following table summarizes the percentage of deposit balances from retail customers compared to business customers as March 31, 2023 and December 31, 2022.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2023 | ​ | December 31, 2022
(dollars in thousands) | ​ | ​ | Balance | ​ | Percent | ​ | ​ | Balance | ​ | Percent
Retail deposits | ​ | $ | 820,063 | ​ | 52% | ​ | $ | 855,014 | ​ | 54%
Business deposits | ​ | ​ | 771,222 | ​ | 48% | ​ | ​ | 715,719 | ​ | 46%
​ | ​ | $ | 1,591,285 | ​ | 100% | ​ | $ | 1,570,733 | ​ | 100%
Deposit outflows experienced in the latter half of 2022 and in January 2023 were due to the competitive pricing landscape and inflationary spending. Changes in deposit levels were not directly related to recent market disruptions.

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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 http://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 http://asc.fasb.org/extlink&oid=120398452&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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