Deposits (Tables)

6 Months Ended

Jun. 30, 2024

Deposits

Schedule of deposits

Deposits balances are summarized as follows:

	June 30,		December 31,
	2024		2023
Non-interest bearing demand deposits	$	240,764	$	249,793
Interest bearing accounts:
NOW(1)		131,930		125,628
Savings		139,898		146,172
Money market		181,551		190,864
Time certificates of deposit		337,806		318,046
Total interest bearing accounts		791,185		780,710
Total deposits	$	1,031,949	$	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 June 30, 2024 are summarized below:

	June 30,
	2024
Within 1 year	$	324,748
1 – 2 years		9,070
2 – 3 years		1,346
3 – 4 years		894
4 – 5 years		1,748
Total	$	337,806