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DEPOSITS (Tables)

9 Months Ended

Sep. 30, 2024

Deposits [Abstract]

Schedule of Deposits by Type

The following is a summary of deposits by type at September 30, 2024 and December 31, 2023, respectively: 

						September 30, 2024						December 31, 2023
Non-interest bearing demand deposits						$	256,840					$	265,704
Interest bearing demand deposits						346,971						343,276
Savings accounts						169,096						176,548
Money market accounts						366,067						374,055
Certificate accounts						381,693						359,509
Total deposits						$	1,520,667					$	1,519,092

Schedule of Maturities of Certificate Accounts

At September 30, 2024, the scheduled maturities of certificate accounts were as follows for the year ended, except December 31, 2024, which is the three months ended:

December 31, 2024						$	158,795
December 31, 2025						208,728
December 31, 2026						7,256
December 31, 2027						856
December 31, 2028						5,907
After December 31, 2028						151
Total						$	381,693

Schedule of Maturities of Brokered Certificate Accounts

At September 30, 2024, the scheduled maturities of brokered certificate accounts were as follows for the year ended, except December 31, 2024, which is the three months ended:

December 31, 2024						$	34,455
December 31, 2025 (1)						8,634
December 31, 2028 (1)						5,489
Total						$	48,578

(1) The Company can call the brokered certificate accounts maturing in the years ended December 31, 2025 and 2028, monthly beginning in March 2024.

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