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

6.    Deposits

The following table details the maturity distribution of time deposits as of December 31st for the past two years:

    

    

More than

    

More than

    

    

 

 

three

 

six months

 

 

Three

 

months

 

through

 

More than

months or

 

through six

 

twelve

twelve

(In thousands)

less

 

months

 

months

months

Total

At December 31, 2022:

 

  

 

  

 

  

 

  

 

  

Less than $250,000

$

134,611

$

39,583

$

35,208

$

148,554

$

357,956

$250,000 or more

 

3,528

19,787

16,509

27,520

67,344

At December 31, 2021:

 

  

 

  

 

  

 

  

 

  

Less than $250,000

$

67,614

$

20,515

$

43,126

$

126,374

$

257,629

$250,000 or more

 

3,191

2,248

13,686

14,666

33,791

The following table presents the expected maturities of time deposits over the next five years:

(In thousands)

    

2023

    

2024

    

2025

    

2026

    

2027

    

Thereafter

    

Total

Balance maturing

$

249,226

$

80,777

$

66,234

$

18,101

$

10,636

$

326

$

425,300

Time deposits with balances of $250 thousand or more totaled $67.3 million and $33.8 million at December 31, 2022 and 2021, respectively.