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Deposits
12 Months Ended
Dec. 31, 2021
Deposits [Abstract]  
Deposits Note 8 – Deposits The distribution of deposits at December 31, 2021 and 2020 were as follows: December 31, 2021 2020 (In Thousands)Demand: Non-interest bearing $588,207 $402,100Interest bearing 668,262 613,882Money market 337,126 315,208 1,593,595 1,331,190Savings and club 329,724 297,765Certificates of deposit 638,083 689,095 $2,561,402 $2,318,050 Deposits of certain municipalities and local government agencies are collateralized by $30.9 million of investment securities and by a $150.0 million Municipal Letter of Credit with the FHLB. At December 31, 2021 and 2020, certificates of deposit of $250,000 or more totaled approximately $275.0 million and $302.9 million, respectively. At December 31, 2021, deposits from officers, directors and their associates totaled approximately $15.9 million. Note 8 – Deposits (continued) The scheduled maturities of certificates of deposit at December 31, 2021, were as follows (In thousands): Amount2022$569,2312023 44,1132024 16,3122025 5,836Thereafter 2,591 $638,083 As of December 31, 2021, the Company had no brokered deposits. The Company had $20.0 million brokered deposits at December 31, 2020. Reciprocal deposits are not considered brokered deposits under applicable regulations.