Deposits

3 Months Ended

Mar. 31, 2023

Deposits

Deposits

6.    Deposits

Deposits balances are summarized as follows:

	March 31,		December 31,
	2023		2022
Non-interest bearing demand deposits	$	269,743	$	283,563
Interest bearing accounts:
NOW		140,396		156,285
Savings		169,296		176,916
Money market		229,988		296,787
Time certificates of deposit		284,101		216,382
Total interest bearing accounts		823,781		846,370
Total deposits	$	1,093,524	$	1,129,933

Time deposits included brokered deposits of $42,696 and $34,041 at March 31, 2023 and December 31, 2022, respectively. Included in time certificates of deposit at March 31, 2023 and December 31, 2022 were reciprocal deposits totaling $24,529 and $10,023, respectively, with original maturities of one to three years. Time certificates of deposit in denominations of $250 or greater were $58,308 and $38,897 as of March 31, 2023 and December 31, 2022, respectively.

Contractual maturities of time certificates of deposit at March 31, 2023 are summarized below:

	March 31,
	2023
Within 1 year	$	240,967
1 – 2 years		37,879
2 – 3 years		2,983
3 – 4 years		1,259
4 – 5 years		1,013
Total	$	284,101