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Deposits
3 Months Ended
Mar. 31, 2024
Deposits  
Deposits

Note 6 – Deposits

Deposits as of March 31, 2024 and December 31, 2023 were as follows (dollars in thousands):

March 31, 2024

December 31, 2023

 

    

Amount

    

%  

    

Amount

    

%

Demand accounts

$

230,118

 

37.1

%  

$

247,624

 

40.9

%

Interest checking accounts

 

78,739

 

12.7

%  

 

76,289

 

12.6

%

Money market accounts

 

207,640

 

33.5

%  

 

195,249

 

32.3

%

Savings accounts

 

35,238

 

5.7

%  

 

39,633

 

6.5

%

Time deposits of $250,000 and over

 

31,355

 

5.0

%  

 

9,145

 

1.5

%

Other time deposits

 

37,179

 

6.0

%  

 

37,405

 

6.2

%

Total

$

620,269

 

100.0

%  

$

605,345

 

100.0

%