Deposits

9 Months Ended

Sep. 30, 2024

Deposits, by Type [Abstract]

Deposits

Note 6 - Deposits

Deposits consisted of the following:

	September 30, 2024			December 31, 2023
(dollars in thousands)	Balance		Percentage	Balance		Percentage
Noninterest-bearing checking accounts	$	139,302	21.96%	$	142,030	22.40%
Interest-bearing checking accounts		88,652	13.98%		83,656	13.19%
Money market accounts		113,071	17.83%		87,310	13.77%
Savings accounts		130,009	20.50%		147,608	23.28%
Certificates of deposit		163,279	25.73%		173,516	27.36%
Total deposits	$	634,313	100.00%	$	634,120	100.00%

At September 30, 2024, the Bank had two account relationships from local government entities that comprised 3.0% and 1.7% of total deposits, respectively. At September 30, 2024, the Company had $10.0 million of brokered certificates of deposits. The Company had no brokered deposits at December 31, 2023.

At September 30, 2024 and December 31, 2023, the Bank had $32.5 million and $32.1 million in certificates of deposits of $250,000 or more, respectively. Deposits in excess of $250,000 are not be insured by the FDIC.

At September 30, 2024 scheduled maturities of certificates of deposits are as follows:

(dollars in thousands)	September 30, 2024
Within one year	$	129,071
Year 2		18,373
Year 3		4,759
Year 4		8,098
Year 5		2,978
Thereafter		—
Total certificates of deposit	$	163,279