Note 9 - Deposits

9 Months Ended

Sep. 30, 2023

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

NOTE 9 – DEPOSITS

Deposits are summarized as follows at the dates indicated:

	September 30,		December 31,
	2023		2022
Noninterest-bearing checking	$	643,670	$	537,938
Interest-bearing checking (1)		219,469		135,127
Savings		157,901		134,358
Money market (2)		389,962		574,290
Certificates of deposit less than $100,000 (3)		527,032		440,785
Certificates of deposit of $100,000 through $250,000		406,545		195,447
Certificates of deposit of $250,000 and over		83,377		93,560
Escrow accounts related to mortgages serviced (4)		26,488		16,236
Total	$	2,454,444	$	2,127,741

(1) Includes $50.1 million and $2.3 million of brokered deposits at September 30, 2023 and December 31, 2022, respectively.

(2) Includes $51,000 and $59.7 million of brokered deposits at September 30, 2023 and December 31, 2022, respectively.

(3) Includes $323.3 million and $332.0 million of brokered deposits at September 30, 2023 and December 31, 2022, respectively.

(4) Noninterest-bearing accounts.

Scheduled maturities of time deposits at September 30, 2023 for future periods ending are as follows:

Maturing in 2023	$	338,756
Maturing in 2024		483,059
Maturing in 2025		128,932
Maturing in 2026		44,517
Maturing in 2027		20,739
Thereafter		951
Total	$	1,016,954

Interest expense by deposit category for the periods indicated is as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Interest-bearing checking	$	643	$	100	$	1,111	$	353
Savings and money market		1,529		1,303		4,071		2,397
Certificates of deposit		8,290		1,193		19,514		2,688
Total	$	10,462	$	2,596	$	24,696	$	5,438