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DEPOSITS
6 Months Ended
Jun. 30, 2022
DEPOSITS  
DEPOSITS

NOTE 8 - DEPOSITS

Deposits are summarized as follows at June 30, 2022 and December 31, 2021:

    

June 30, 

    

December 31, 

2022

    

2021

Noninterest-bearing checking (4)

$

571,942

$

564,360

Interest-bearing checking (1)(4)

 

158,607

 

228,024

Savings

 

156,313

 

193,922

Money market (2)

 

680,246

 

552,357

Certificates of deposit less than $100,000 (3)

 

262,199

 

186,974

Certificates of deposit of $100,000 through $250,000

 

116,559

 

116,206

Certificates of deposit of $250,000 and over

 

53,812

 

57,512

Escrow accounts related to mortgages serviced

 

16,422

 

16,389

Total

$

2,016,100

$

1,915,744

________________________

(1)Includes $1.2 million and $90.0 million of brokered deposits at June 30, 2022 and December 31, 2021, respectively.
(2)Includes $78.8 million and $5.0 million of brokered deposits at June 30, 2022 and December 31, 2021, respectively.
(3)Includes $180.3 million and $97.6 million of brokered deposits at June 30, 2022 and December 31, 2021, respectively.
(4)Prior presentation of interest-bearing checking balances was revised due to misclassification of certain checking products in previous periods.  As a result of the misclassification, interest-bearing checking balances of $121.2 million as of December 31, 2021, were reclassified to noninterest-bearing checking for comparative purposes.  Balances as of the dates and average values included herein have been updated to reflect the reclassification.

Scheduled maturities of time deposits at June 30, 2022 for future periods ending are as follows:

    

At June 30, 2022

Maturing in 2022

$

200,760

Maturing in 2023

101,038

Maturing in 2024

44,119

Maturing in 2025

56,716

Maturing in 2026

17,951

Thereafter

11,986

Total

$

432,570

Interest expense by deposit category for the three and six months ended June 30, 2022 and 2021 is as follows:

Three Months Ended

    

Six Months Ended

June 30, 

June 30, 

2022

    

2021

    

2022

    

2021

Interest-bearing checking

$

92

$

48

$

253

$

98

Savings and money market

 

711

 

416

 

1,094

 

884

Certificates of deposit

 

754

 

1,406

 

1,495

 

2,870

Total

$

1,557

$

1,870

$

2,842

$

3,852