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Time Deposits
12 Months Ended
Dec. 31, 2022
Deposits [Abstract]  
Time Deposits

(8) TIME DEPOSITS

Time deposits include certificates of deposit and individual retirement accounts.

At December 31, 2022, the scheduled maturities of all time deposits are as follows (Dollars in thousands):

 

2023

 

$

553,052

 

2024

 

 

84,859

 

2025

 

 

33,509

 

2026

 

 

21,591

 

2027

 

 

19,902

 

Thereafter

 

 

141

 

Total

 

$

713,054

 

 

The following table is a summary of time deposits that meet or exceed the current Federal Deposit Insurance Corporation ("FDIC") insurance limit for the periods presented:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(Dollars in thousands)

 

Time deposits of $250,000 or more

 

$

224,517

 

 

$

150,393