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Note 10 - Deposits -
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Deposit Liabilities Disclosures [Text Block]

Note 10 – Deposits –

 

Deposit accounts at December 31, 2022 and 2021 are summarized as follows:

 

  

2022

  

2021

 
  

(Dollars in thousands)

 

Noninterest Bearing - DDA

 $1,549,381  $1,291,036 

Noninterest Bearing Deposits

  1,549,381   1,291,036 
         

Interest Bearing - DDA

  455,117   198,622 

NOW and Super NOW Accounts

  579,789   581,449 

Money Market Accounts

  1,136,597   995,699 

Savings Accounts

  312,884   317,821 

Certificates of Deposit Over $250,000

  279,781   197,273 

Other Certificates of Deposit

  506,796   495,383 

Interest Bearing Deposits

  3,270,964   2,786,247 
         

Total Deposits

 $4,820,345  $4,077,283 

 

Approximately 76.5% of certificates of deposit as of December 31, 2022 have stated maturity dates during 2023 and the remaining 23.5% have stated maturity dates during 2024 and beyond.

 

At December 31, 2022 and 2021, total deposits for the top three customer relationships was approximately $168.9 million and $162.0 million, respectively, which represented 3.5% and 4.0% of total deposits, respectively. Brokered and reciprocal deposits were approximately $550.2 million and $282.8 million at December 31, 2022 and 2021, respectively. Included in these brokered and reciprocal deposits are public fund deposits of approximately $131.9 million and $92.6 million at December 31, 2022 and 2021, respectively. Other public fund deposits were approximately $504.1 million and $493.2 million at December 31, 2022 and 2021, respectively.