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Deposits
9 Months Ended
Sep. 30, 2023
Deposits

Note 6 - Deposits

The Company’s total deposits are comprised of the following at the dates indicated:  

   September 30,   December 31, 
(Dollars in thousands)  2023   2022 
Non-interest bearing demand deposits  $450,737   $461,010 
Interest bearing demand deposits   296,958    334,540 
Money market accounts   391,294    295,223 
Savings   123,523    161,770 
Time deposits less than $100,000   125,110    66,410 
Time deposits greater than or equal to $100,000   104,404    66,429 
Total deposits  $1,492,026   $1,385,382 

 

Of the $104.4 million and $66.4 million in time deposits greater than or equal to $100,000 as of September 30, 2023 and December 31, 2022, respectively, $13.4 million and $9.5 million, respectively were in excess of the $250,000 FDIC insurance limit.

Total uninsured deposits were $429.7 million and $411.3 million as of September 30, 2023 and December 31, 2022, respectively. Included in uninsured deposits as of September 30, 2023 and December 31, 2022 were $85.7 million and $59.5 million, respectively, of collateralized public funds.