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Deposits

3 Months Ended

Mar. 31, 2023

Interest-Bearing Deposits [Abstract]

DEPOSITS

NOTE 8 – DEPOSITS

Major classification of deposits at March 31, 2023 and at December 31, 2022 were as follows:

($ in thousands)		March 31, 2023				December 31, 2022
Non interest bearing demand		$	237,175			$	256,799
Interest bearing demand			188,497				191,719
Savings			227,974				191,272
Money market			222,203				255,995
Time deposits less than $250,000			191,236				160,507
Time deposits $250,000 or greater			43,059				30,373
Total Deposits		$	1,110,144			$	1,086,665

Included in time deposits at March 31, 2023 and December 31, 2022 were $56.8 million and $58.0 million, respectively, of deposits which were obtained through the Certificate of Deposit Account Registry Service (CDARS).

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- Definition

The entire disclosure for financial services specifically banking and thrift entities at the end of the reporting period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//942/tableOfContent

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- References

No definition available.

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