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Deposits | 12 Months Ended
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Dec. 31, 2023
Deposits [Abstract] |
Deposits | 9. Deposits The following table summarizes deposits as of December 31, 2023 and 2022:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | December 31, 2023 |  | December 31, 2022
​ | ​ | ​ | Balance | ​ | Percent | ​ | ​ | Balance | ​ | Percent
Non-Interest-bearing deposits: | ​ | $ | 427,670 |  | 28% | ​ | $ | 506,613 | ​ | 32%
Interest-bearing deposits: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Demand | ​ | ​ | 350,860 | ​ | 22% | ​ | ​ | 327,685 | ​ | 21%
Money market | ​ | ​ | 385,649 | ​ | 25% | ​ | ​ | 365,192 | ​ | 23%
Savings deposits | ​ | ​ | 191,265 | ​ | 12% | ​ | ​ | 250,720 | ​ | 16%
Time deposits- retail | ​ | ​ | 165,533 | ​ | 11% | ​ | ​ | 120,523 | ​ | 8%
Time deposits- brokered | ​ | ​ | 30,000 | ​ | 2% | ​ | ​ | — | ​ | 0%
Total Deposits | ​ | $ | 1,550,977 | ​ | 100% | ​ | $ | 1,570,733 | ​ | 100%
​ Time deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2023 and 2022 were $48.8 million and $37.5 million, respectively. At December 31, 2023 and 2022, $0.4 million and $0.3 million, respectively, of deposit overdrafts were re-classified as loans. The following is a summary of the scheduled maturities of all time deposits maturing within years ended December 31:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) | ​ | Time deposits- brokered | ​ | Time deposits- retail
2024 |  | $ | 30,000 | ​ | $ | 146,683
2025 | ​ | ​ | — | ​ | ​ | 13,990
2026 | ​ | ​ | — | ​ | ​ | 4,154
2027 | ​ | ​ | — | ​ | ​ | 491
2028 | ​ | ​ | — | ​ | ​ | 170
Thereafter | ​ | ​ | — | ​ | ​ | 45
Total | ​ | $ | 30,000 | ​ | $ | 165,533
​ In the ordinary course of business, executive officers and directors of the Corporation, including their families and companies in which certain directors are principal owners, were deposit customers of the Bank. At December 31, 2023, executive officers and directors had approximately $17.2 million in deposits with the Bank compared to $14.0 million at December 31, 2022.

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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 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481047/942-405-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) -Publisher SEC Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
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