Deposits (Tables)

3 Months Ended

Mar. 31, 2024

Deposits

Schedule of deposits

Deposits balances are summarized as follows:

	March 31,		December 31,
	2024		2023
Non-interest bearing demand deposits	$	236,957	$	249,793
Interest bearing accounts:
NOW(1)		126,058		125,628
Savings		144,932		146,172
Money market		196,107		190,864
Time certificates of deposit		332,970		318,046
Total interest bearing accounts		800,067		780,710
Total deposits	$	1,037,024	$	1,030,503

(1) Negotiable order of withdrawal

Schedule of contractual maturities of time certificates of deposit

Contractual maturities of time certificates of deposit at March 31, 2024 are summarized below:

	March 31,
	2024
Within 1 year	$	324,632
1 – 2 years		5,115
2 – 3 years		1,561
3 – 4 years		428
4 – 5 years		1,234
Total	$	332,970