Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Deposits

v3.23.2
Note 6 - Deposits
6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Deposit Liabilities Disclosures [Text Block]

NOTE 6 DEPOSITS

 

Deposits are summarized as follows (dollars in thousands):

 

   

June 30,
2023

   

December 31,
2022

 

Noninterest-bearing demand

  $ 704,409     $ 834,879  

Interest bearing demand

    572,132       760,889  

Savings and money market accounts

    802,694       922,418  

Certificates of deposit

    242,310       96,956  
    $ 2,321,545     $ 2,615,142  

 

Time deposits that exceeded the FDIC insurance limit of $250,000 were approximately $73.1 million at June 30, 2023 and $29.7 million at December 31, 2022.