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Deposits | 12 Months Ended
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Dec. 31, 2022
Deposits [Abstract] |
Deposits | Note 8 – Deposits The distribution of deposits at December 31, 2022 and 2021 were as follows:
|  |  | December 31,
|  |  | 2022 |  |  | 2021
|  |  | (In Thousands)
Demand: |  |  |  |  |  |
Non-interest bearing |  | $ | 613,910 |  | $ | 588,207
Interest bearing |  |  | 757,615 |  |  | 668,262
Money market |  |  | 305,556 |  |  | 337,126
|  |  | 1,677,081 |  |  | 1,593,595
Savings and club |  |  | 329,752 |  |  | 329,724
Certificates of deposit |  |  | 804,774 |  |  | 638,083
|  | $ | 2,811,607 |  | $ | 2,561,402
Deposits of certain municipalities and local government agencies are collateralized by $24.9 million of investment securities and by a $230.0 million Municipal Letter of Credit with the FHLB. At December 31, 2022 and 2021, certificates of deposit of $250,000 or more totaled approximately $207.7 million and $275.0 million, respectively. At December 31, 2022, deposits from officers, directors and their associates totaled approximately $93.0 million. The scheduled maturities of certificates of deposit at December 31, 2022, were as follows (In thousands):
|  | Amount
2023 | $ | 766,820
2024 |  | 28,227
2025 |  | 6,754
2026 |  | 721
Thereafter |  | 2,252
| $ | 804,774
As of December 31, 2022, the Company had $335.0 million in brokered certificate deposits and $35.0 million in brokered demand deposits. The Company had no brokered deposits at December 31, 2021. Reciprocal deposits are not considered brokered deposits under applicable regulations.

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 + Details
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