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Deposits
6 Months Ended
Jun. 30, 2024
Deposits [Abstract]  
Deposits
6.
DEPOSITS

Deposit accounts are summarized as follows:

 

 

June 30,
2024

 

 

December 31,
2023

 

(Dollars in Thousands)

 

Amount

 

 

%

 

 

Amount

 

 

%

 

Demand, noninterest-bearing

 

$

661,292

 

 

 

28.02

%

 

$

624,780

 

 

 

28.42

%

Demand, interest-bearing

 

 

474,964

 

 

 

20.12

 

 

 

425,551

 

 

 

19.35

 

Money market and savings

 

 

565,330

 

 

 

23.95

 

 

 

554,204

 

 

 

25.20

 

Time deposits, $250 and over

 

 

147,855

 

 

 

6.26

 

 

 

128,334

 

 

 

5.84

 

Time deposits, other

 

 

366,642

 

 

 

15.53

 

 

 

346,519

 

 

 

15.76

 

Brokered time deposits

 

 

144,429

 

 

 

6.12

 

 

 

119,411

 

 

 

5.43

 

 

 

$

2,360,512

 

 

 

100.0

%

 

$

2,198,799

 

 

 

100.0

%

 

The above table does not include deposits that are held for sale related to the New Jersey branch sale.

 

The brokered deposits outstanding at June 30, 2024 mature during the third quarter of 2024.