Deposits (Tables)

12 Months Ended

Dec. 31, 2023

Deposits

Summary of deposit accounts by type with their respective weighted-average interest rates

	December 31, 2023				December 31, 2022
(Dollars in thousands)	Amount		Rate		Amount		Rate
Non-interest bearing	$	66,757	—	%	$	68,095	—	%
Savings accounts		739,036	0.59			910,652	0.13
Certificates of deposit		532,433	4.11			429,687	2.67
Money market		3,595	0.10			5,372	0.10
Checking and Super NOW		294,783	0.02			302,346	0.02
Total	$	1,636,604	1.61	%	$	1,716,152	0.74	%

The maturity of certificate of deposit accounts at December 31, 2023 is as follows (dollars in thousands):

Schedule of maturity of certificate of deposit accounts

Maturing in:
Due within 1 year	$	498,140
Due after 1year through 2 years		20,142
Due after 2 years through 3 years		5,746
Due after 3 years through 4 years		3,743
Due after 4 years through 5 years		4,662
Total	$	532,433

Schedule of interest expense by type of deposit

		Year ended December 31,
(Dollars in thousands)	2023			2022
Savings	$	2,469	$	949
Certificates of deposit and money market		16,956		3,914
Checking and Super NOW		59		62
Total	$	19,484	$	4,925