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Deposits
9 Months Ended
Sep. 30, 2024
Deposits  
Deposits

Note 6 – Deposits

Deposits as of September 30, 2024 and December 31, 2023 were as follows (dollars in thousands):

September 30, 2024

December 31, 2023

 

    

Amount

    

%  

    

Amount

    

%

Demand accounts

$

246,838

 

38.2

%  

$

247,624

 

40.9

%

Interest checking accounts

 

69,763

 

10.8

%  

 

76,289

 

12.6

%

Money market accounts

 

236,135

 

36.6

%  

 

195,249

 

32.3

%

Savings accounts

 

31,626

 

4.9

%  

 

39,633

 

6.5

%

Time deposits of $250,000 and over

 

25,485

 

3.9

%  

 

9,145

 

1.5

%

Other time deposits

 

36,353

 

5.6

%  

 

37,405

 

6.2

%

Total

$

646,200

 

100.0

%  

$

605,345

 

100.0

%