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Interest-Bearing Deposits | 12 Months Ended
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Dec. 31, 2024
Interest-Bearing Deposits [Abstract] |
Interest-Bearing Deposits | Note 9: Interest-Bearing Deposits Interest-bearing time deposits in denominations of $250,000 or more totaled $53.7 million on December 31, 2024, and $54.1 million on December 31, 2023. At December 31, 2024, the scheduled maturities of time deposits were as follows:
($ in thousands) |  |  |
2025 |  | $ | 215,039 |
2026 |  |  | 40,163 |
2027 |  |  | 2,900 |
2028 |  |  | 822 |
2029 |  |  | 293 |
Thereafter |  |  | - |
Total |  | $ | 259,217 |
Included in time deposits at December 31, 2024 and 2023 were $58.2 million and $56.5 million, respectively, of deposits which were obtained through the Certificate of Deposit Account Registry Service (“CDARS”). This service allows deposit customers to maintain fully insured balances in excess of the $250,000 FDIC insurance limit without the inconvenience of having multi-banking relationships. Under the reciprocal program that the Company is currently participating in, customers agree to allow their deposits to be placed with other participating banks in the CDARS program in insurable amounts under $250,000. In exchange, other banks in the program agree to place their deposits with the Company also in insurable amounts under $250,000. Deposits of directors and their associates, including deposits of companies for which directors are principal owners and executive officers, totaled $4.3 million and $5.2 million at December 31, 2024, and 2023, respectively.

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- Definition The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 810 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/810/tableOfContent + Details
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