Interest-Bearing Deposits

12 Months Ended

Dec. 31, 2022

Deposits [Abstract]

Interest-Bearing Deposits

NOTE 9 - INTEREST-BEARING DEPOSITS

Interest-bearing deposits as of December 31, 2022 and 2021 were as follows:

	2022		2021
Demand	$	527,879	$	537,510
Savings and Money markets		876,427		843,837
Certificates of Deposit:
$250 and over		45,380		55,011
Other		227,886		149,521
Individual Retirement Accounts		46,079		41,916
Total	$	1,723,651	$	1,627,795

Scheduled maturities of certificates of deposit, including IRAs at December 31, 2021 were as follows:

2023	$	249,487
2024		51,494
2025		8,172
2026		5,539
2027		3,372
Thereafter		1,281
Total	$	319,345

Deposits from the Company’s principal shareholders, officers, directors, and their affiliates at year-end 2022 and 2021 were $10,166 and $7,690, respectively.

As of December 31, 2022, CDs and IRAs totaling $50,349 met or exceeded the FDIC’s insurance limit of $250,000.

As of December 31, 2022, brokered deposits totaled $96,400.