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Deposits (Tables)
9 Months Ended
Sep. 30, 2022
Banking And Thrifts [Abstract]  
Summarized Deposits

Deposits at September 30, 2022 and December 31, 2021 are summarized as follows:

 

 

 

September 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Demand

 

$

288,654

 

 

$

274,956

 

Interest-bearing deposits:

 

 

 

 

 

 

NOW/IOLA accounts

 

 

28,799

 

 

 

35,280

 

Money market accounts

 

 

360,293

 

 

 

186,893

 

Reciprocal deposits

 

 

162,858

 

 

 

143,221

 

Savings accounts

 

 

140,055

 

 

 

134,887

 

Total NOW, money market, reciprocal and savings

 

 

692,005

 

 

 

500,281

 

Certificates of deposit of $250K or more

 

 

61,900

 

 

 

78,454

 

Brokered certificates of deposits (1)

 

 

98,760

 

 

 

79,320

 

Listing service deposits (1)

 

 

40,964

 

 

 

66,411

 

Certificates of deposit less than $250K

 

 

168,906

 

 

 

205,294

 

Total certificates of deposit

 

 

370,530

 

 

 

429,479

 

Total interest-bearing deposits

 

 

1,062,535

 

 

 

929,760

 

Total deposits

 

$

1,351,189

 

 

$

1,204,716

 

(1)
As of September 30, 2022 and December 31, 2021, there were $13.8 million and $29.0 million, respectively, in individual listing service deposits amounting to $250,000 or more. All brokered certificates of deposit individually amounted to less than $250,000.
Scheduled Maturities of Certificates of Deposit

At September 30, 2022 scheduled maturities of certificates of deposit were as follows:

 

 

 

(in thousands)

 

2023

 

$

189,713

 

2024

 

 

46,509

 

2025

 

 

43,779

 

2026

 

 

43,693

 

2027

 

 

46,836

 

 

 

$

370,530