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Bank Deposits
12 Months Ended
Dec. 31, 2023
Deposit Liabilities [Abstract]  
Bank Deposits Bank Deposits
Bank deposits consist of interest-bearing and non-interest-bearing deposits as follows:
December 31,20232022
Interest-bearing deposits:  
Deposits swept from brokerage accounts$220,274 $333,754 
Time certificates of deposit (1)
48,297 6,047 
Checking15,691 19,719 
Savings and other4,461 6,098 
Total interest-bearing deposits288,723 365,618 
Non-interest-bearing deposits1,230 1,106 
Total bank deposits$289,953 $366,724 
(1) Time certificates of deposit consist of brokered CDs. The weighted-average interest rates on outstanding time certificates of deposit at December 31, 2023 and 2022 were 5.15% and 4.75%, respectively. As of December 31, 2023 and 2022, there were no time deposits that were in excess of FDIC insurance limits or otherwise uninsured.
Annual maturities on time certificates of deposit outstanding at December 31, 2023 are as follows:
Balance
2024$46,659 
20251,638 
Total$48,297