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Deposits
12 Months Ended
Dec. 31, 2022
Deposits.  
Deposits

9) Deposits

The following table presents the scheduled maturities of all time deposits for the periods indicated:

    

 

(Dollars in thousands)

2023

$

133,517

2024

 

8,513

2025

 

1,283

2026

 

274

2027

91

Thereafter

 

280

Total

$

143,958

Time deposits of $250,000 and over were $108,192,000 and $94,700,000 at December 31, 2022 and 2021, respectively. At December 31, 2022, Certificate of Deposit Account Registry Service (“CDARS”) deposits totaled $30,374,000 which were comprised of interest-bearing demand deposits of $26,861,000 and money market deposits of $192,000, (which have no scheduled maturity date, and therefore, are excluded from the table above), and time deposits of $3,321,000, (which are included in the table above). At December 31, 2021, CDARS deposits totaled $38,271,000, which were comprised of interest-bearing demand deposits of $30,858,000 and money market deposits of $1,013,000, and time deposits of $6,400,000. The CDARS program allows customers with deposits in excess of FDIC-insured limits to obtain full coverage on time deposits through a network of banks within the CDARS program. Deposits gathered through these programs are not considered brokered deposits under current regulatory reporting guidelines.

Deposits from executive officers, directors, and their affiliates were $712,000 and $766,000 at December 31, 2022 and 2021, respectively.