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v3.23.2

Deposits (Tables) | 6 Months Ended
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Jun. 30, 2023
Deposits [Abstract] |
Schedule of Deposit Balances by Type |
| At |  | At
| June 30, |  | December 31,
(In thousands) | 2023 |  | 2022
Noninterest-bearing: |  |  |  |  |
Demand (1) | $ | 404,012 |  | $ | 520,226
Interest-bearing: |  |  |  |  |
NOW |  | 111,701 |  |  | 145,533
Regular savings |  | 159,940 |  |  | 141,802
Money market deposits |  | 530,964 |  |  | 318,417
Certificates of deposit: |  |  |  |  |
Certificate accounts of $250,000 or more |  | 20,869 |  |  | 11,449
Certificate accounts less than $250,000 |  | 220,600 |  |  | 142,155
Total interest-bearing (2) |  | 1,044,074 |  |  | 759,356
Total deposits (3) | $ | 1,448,086 |  | $ | 1,279,582
(1)Noninterest-bearing deposits included $37.8 million and $20.8 million in Banking as a Service (“BaaS”) and digital assets deposits, respectively, as of June 30, 2023. Noninterest-bearing deposits included $25.3 million and $55.2 million in BaaS and digital assets deposits, respectively, as of December 31, 2022. (2)Interest-bearing deposits included $197.9 million and $4.4 million in BaaS and digital assets deposits, respectively, as of June 30, 2023. As of December 31, 2022, there were no interest-bearing BaaS deposits, and $22.2 million interest-bearing digital assets deposits. (3)Of total deposits as of June 30, 2023 and December 31, 2022, the Federal Deposit Insurance Corporation (“FDIC”) insured approximately 53% and 55%, respectively, and the remaining 47% and 45%, respectively, were insured through the Depositors Insurance Fund (“DIF”). The DIF is a private, industry-sponsored insurance fund that insures all deposits above FDIC limits at member banks.

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- Definition Tabular disclosure of type of deposit liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i)(ii) Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (1) Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (1) Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (d) Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i) Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i)(iv) Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (5) Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i)(iii) Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (4) Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2) Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (c) Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (2) Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (3) Reference 15: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) + Details
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