XML 38 R21.htm IDEA: XBRL DOCUMENT v3.24.0.1
Deposits
 12 Months Ended
Dec. 31, 2023
Deposits [Abstract]  
Deposits Deposits
Deposits: At December 31, 2023, the scheduled maturities of certificates of deposit are as follows:
(In Thousands)
2024$268,526 
202556,842 
20263,633 
2027139 
2028354 
Thereafter1,757 
Total$331,251 
 
    The Company offers IntraFi® Network DepositsSM as a member of IntraFi® NetworkSM (Network). When a Network member places a deposit using IntraFi Network Deposits, that certificate of deposit or deposit account is divided into amounts under the standard FDIC insurance maximum ($250,000) and is allocated among member banks, making the large deposit eligible for FDIC insurance. In addition to customer deposit placement, the IntraFi Network Deposits also allows placement of the Bank's own investment dollars. The Company had $48.1 million in IntraFi Network Deposits certificates of deposits and $333.1 million in IntraFi Network Deposits in deposit accounts at December 31, 2023 and $30.2 million in IntraFi Network Deposits certificates of deposits and $209.0 million in IntraFi Network Deposits in deposit accounts at December 31, 2022.

    At December 31, 2023 and 2022, the Company held $3.5 million and $3.8 million, respectively, in deposits for related parties, including directors, executive officers, and their affiliates.
At December 31, 2023 and 2022, the Company reclassified $259,000 and $1.3 million, respectively, in overdrafts from deposits to loans.