XML 29 R16.htm IDEA: XBRL DOCUMENT
v3.24.1

Note 8 - Deposits | 12 Months Ended
--- | ---
Dec. 31, 2023
Notes to Financial Statements |
Deposit Liabilities Disclosures [Text Block] | Note 8 – Deposits The aggregate amount of retail and brokered certificates of deposit with a balance of $250 thousand or more was approximately $137.1 million at December 31, 2023 and $93.6 million at December 31, 2022. Brokered certificates of deposit totaled $29.9 million at December 31, 2023 and $40.0 million at December 31, 2022. The Bancorp’s end-of-period deposit portfolio balances were as follows:
(Dollars in thousands) |  | December 31, 2023 |  |  | December 31, 2022 |
|  | Balance |  |  | Balance |
Checking |  | $ | 653,529 |  |  | $ | 755,377 |
Savings |  |  | 302,782 |  |  |  | 402,365 |
Money market |  |  | 324,993 |  |  |  | 254,157 |
Certificates of deposit |  |  | 532,117 |  |  |  | 363,118 |
Total deposits |  | $ | 1,813,421 |  |  | $ | 1,775,017 |
At December 31, 2023, scheduled maturities of certificates of deposit were as follows:
|  |  | (Dollars in thousands) |
2024 |  |  | $ | 482,124 |
2025 |  |  |  | 41,841 |
2026 |  |  |  | 4,193 |
2027 |  |  |  | 3,678 |
2028 and thereafter |  |  |  | 281 |
Total |  |  | $ | 532,117 |
As of December 31, 2023, and 2022, approximately $530.2 million and $516.1 million, respectively, of our deposit portfolio was uninsured.

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_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration