Note 9 - Deposits

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

NOTE 9 - DEPOSITS

Deposits outstanding at the dates indicated are summarized below by account type as follows:

Deposit Account Type (Dollars in thousands)	March 31, 2024		December 31, 2023
Checking	$	448,422	$	473,936
Money Market		428,751		401,992
Savings		88,130		88,319
Certificates of Deposit		240,576		230,750
Total	$	1,205,879	$	1,194,997

The Company had $5.2 million and $5.0 million in brokered checking and money market deposits at  March 31, 2024 and December 31, 2023, respectively, and $6.5 million in brokered certificates of deposit at both  March 31, 2024 and December 31, 2023.  In addition, $246,000 and $57,000, in deposit account overdrafts were reclassified to loans at March 31, 2024 and December 31, 2023, respectively.

Certificates of deposits that met or exceeded the FDIC insurance limit of $250,000 were $58.5 million and $50.2 million at March 31, 2024 and December 31, 2023, respectively. All deposits that met or exceeded the FDIC insurance limit totaled $332.6 million and $327.7 million at March 31, 2024 and December 31, 2023, respectively.

The amounts and scheduled maturities of certificates of deposit at the dates indicated were as follows:

Dollars in thousands		March 31, 2024		December 31, 2023
Within 1 Year	$	200,101	$	198,325
After 1 Year, Within 2 Years		25,743		16,568
After 2 Years, Within 3 Years		7,812		9,487
After 3 Years, Within 4 Years		2,284		2,636
After 4 Years, Within 5 Years		4,636		3,734
Total Certificates of Deposit	$	240,576	$	230,750