Deposits

6 Months Ended

Jun. 30, 2021

Deposits [Abstract]

Deposits

Deposits

The composition of deposits is shown below. Average balances represent year to date averages.

	June 30, 2021						December 31, 2020
	Balance		Average Balance		Average Rate		Balance		Average Balance		Average Rate
	(Dollars in Thousands)
Non-interest-bearing transaction accounts	$	774,253	$	506,767	—	%	$	472,818	$	412,825	—	%
Interest-bearing transaction accounts	511,698		510,024		0.20		503,992		392,576		0.37
Money market accounts	685,127		660,319		0.17		641,504		651,402		0.44
Certificates of deposit	45,137		51,677		1.12		64,694		111,698		1.97
Wholesale deposits	144,492		164,654		0.75		172,508		142,591		1.71
Total deposits	$	2,160,707	$	1,893,441	0.21		$	1,855,516	$	1,711,092	0.52

A summary of annual maturities of in-market and wholesale certificates of deposit at June 30, 2021 is as follows:

(In Thousands)
Maturities during the year ended December 31,
2021	$	41,925
2022	29,710
2023	1,948
2024	369
2025	321
Thereafter	356
	$	74,629

Wholesale deposits include $29.5 million and $115.0 million of wholesale certificates of deposit and non-reciprocal interest-bearing transaction accounts, respectively, at June 30, 2021, compared to $47.5 million and $125.0 million of wholesale certificates of deposit and non-reciprocal interest-bearing transaction accounts, respectively, at December 31, 2020.

Deposits include $12.4 million and $28.7 million of certificates of deposit and wholesale deposits which are denominated in amounts of $250,000 or more at June 30, 2021 and December 31, 2020, respectively.