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DEPOSITS (Tables)

12 Months Ended

Dec. 31, 2023

DEPOSITS.

Schedule of company's deposits

The following table sets forth the balance of the Company’s deposits:

​

​	​	​	​	​	​	​
​	​	AT  DECEMBER 31,
​		2023			2022
​	​	(IN THOUSANDS)
Demand:		​			​
Non-interest bearing	​	$	172,070	​	$	195,123
Interest bearing	​		288,124	​		236,746
Savings	​		119,484	​		135,796
Money market	​		256,205	​		254,868
Time deposits (1)	​		322,477	​		286,004
Total deposits	​	$	1,158,360	​	$	1,108,537

(1) Time deposits include certificates of deposit (CDs) and individual retirement accounts (IRAs).

Schedule of time deposit maturities

​

The following table sets forth the balance of time deposits as of December 31, 2023 maturing in the periods presented:

​

​	​	​	​	​
YEAR:		TIME DEPOSITS
​		(IN THOUSANDS)		​
2024	​	$	259,657	​
2025	​		40,810	​
2026	​		5,395	​
2027	​		5,814	​
2028	​		3,754	​
2029 and after	​		7,047	​
Total	​	$	322,477	​

X

- Definition

Tabular disclosure of deposit liabilities.

+ References

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- References

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- Definition

Tabular disclosure of time deposit liability maturities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481544/470-10-50-1

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