TIME DEPOSITS

12 Months Ended

Dec. 31, 2023

Time Deposits

TIME DEPOSITS

NOTE 11 TIME DEPOSITS

The aggregate amount of time deposits that meet or exceed the Federal Deposit Insurance Corporation (“FDIC”) Insurance limit of $250,000 was $52.8 million and $26.8 million as of December 31, 2023 and 2022, respectively. We had no brokered time deposits at either December 31, 2023 or 2022. As of December 31, 2023, the scheduled maturities of time deposits are as follows (dollars are in thousands):

 Schedule of maturities

2024	$	183,132
2025		38,564
2026		22,381
2027		4,694
2028		3,545
After five years		-
Total	$	252,316