XML 23 R14.htm IDEA: XBRL DOCUMENT
v3.23.2

DEPOSITS | 6 Months Ended
--- | ---
Jun. 30, 2023
Deposits [Abstract] |
DEPOSITS | DEPOSITS The following is a summary of deposits by type at June 30, 2023 and December 31, 2022, respectively:
|  | June 30, 2023 |  | December 31, 2022 |  |
Non-interest bearing demand deposits |  | $ | 261,876 |  |  | $ | 284,722 |  |  |
Interest bearing demand deposits |  | 358,226 |  |  | 371,210 |  |  |
Savings accounts |  | 206,380 |  |  | 220,019 |  |  |
Money market accounts |  | 288,934 |  |  | 323,435 |  |  |
Certificate accounts |  | 349,266 |  |  | 225,334 |  |  |
Total deposits |  | $ | 1,464,682 |  |  | $ | 1,424,720 |  |  |
At June 30, 2023, the scheduled maturities of certificate accounts were as follows for the year ended, except December 31, 2023, which is the six months ended:
December 31, 2023 |  | $ | 101,540 |
December 31, 2024 |  | 219,975 |
December 31, 2025 |  | 19,169 |
December 31, 2026 |  | 2,206 |
December 31, 2027 |  | 705 |
After December 31, 2027 |  | 5,671 |
Total |  | $ | 349,266 |
Certificate accounts of $250 or more were $132,647 and $66,827 at June 30, 2023 and December 31, 2022, respectively. Brokered deposits were $97,330 at June 30, 2023 and consisted of $94,096 of brokered certificate accounts and $3,234 of brokered money market accounts. Brokered Deposits were $39,841 at December 31, 2022 and consisted of $39,839 of brokered certificate accounts and $2 of brokered money market accounts. At June 30, 2023, the scheduled maturities of brokered certificate accounts were as follows for the year ended, except December 31, 2023, which is the six months ended:
December 31, 2023 |  | $ | 35,639 |
December 31, 2024 |  | 44,334 |
December 31, 2025 (1) |  | 8,634 |
December 31, 2028 (1) |  | 5,489 |
Total |  | $ | 94,096 |
(1) The Company can call the brokered certificate accounts maturing in the years ended December 31, 2025 and 2028, monthly beginning in March 2024.

X
- 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
Name: | us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DepositsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration