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Deposits
3 Months Ended
Mar. 31, 2024
Financial Services, Banking and Thrift [Abstract]  
Deposits Deposits
The aggregate amount of time deposits that meet or exceed the FDIC Insurance Limit of $250,000, was approximately $108.0 million and $92.3 million on March 31, 2024, and December 31, 2023, respectively. Brokered time deposits, which are fully insured, totaled $370.8 million and $389.0 million as of March 31, 2024, and December 31, 2023, respectively. Time deposits through the Certificate of Deposit Account Registry Service (“CDARS”) program totaled $24.3 million at March 31, 2024, compared to $24.2 million at December 31, 2023.
At March 31, 2024, the scheduled maturities of time deposits for the remaining nine months ending December 31, 2024, and the following five years were as follows (in thousands):
As of March 31, 2024
Remaining nine months ending, December 31, 2024$383,222 
2025159,208 
202684,314 
202749,583 
202878,369 
2029173 
Total$754,869 
At March 31, 2024, and December 31, 2023, amounts included in time deposits for individual retirement accounts totaled $27.4 million and $28.5 million, respectively.
Overdrafts of $117 thousand and $110 thousand were reclassified to loans as of March 31, 2024, and the year ended December 31, 2023, respectively.