Interest-Bearing Deposits (Tables)

12 Months Ended

Dec. 31, 2022

Interest-Bearing Deposits [Abstract]

Schedule of Interest Bearing Deposits

Interest-bearing deposits consist of the following:

	December 31,
(In thousands)	2022			2021
Interest-bearing demand deposits	$	567,426		$	573,567
Savings deposits	6,413			18,110
Time deposits:
Less than $100	2,526			3,536
$100 to less than $250	20,137			30,648
$250 or more (1)	17,958			13,000
Total	$	614,460		$	638,861
Weighted average interest rate	1.74		%	0.15		%

(1)The scheduled maturities of time deposits not covered by deposit insurance consist of $17.7 million within one year and $264,000 within one to three years.

Schedule of Interest on Deposits

Interest expense consists of the following:

	December 31,
(In thousands)	2022		2021		2020
Interest-bearing demand deposits	$	3,118	$	582	$	1,313
Savings deposits	38		9		24
Time deposits:
Less than $100	145		332		550
$100 to less than $250	79		109		206
$250 or more	102		139		267
Total	$	3,482	$	1,171	$	2,360

Schedule of Maturities of Time Deposits

The scheduled maturities of time deposits are summarized as follows:

	December 31,
	2022				2021
(In thousands)	Amount		Percent of Total		Amount		Percent of Total
Due within:
One year	$	37,925	93.4	%	$	30,855	65.4	%
Two years	1,773		4.4	%	15,061		31.9	%
Three years	797		2.0	%	1,205		2.6	%
Four years	88		0.2	%	48		0.1	%
Five years	38		0.1	%	15		—	%
Total	$	40,621	100.0	%	$	47,184	100.0	%