Deposits

9 Months Ended

Sep. 30, 2024

Deposits consisted of the following at September 30, 2024 and December 31, 2023:


(Dollars in thousands)	September 30, 2024		December 31, 2023
NOW and demand deposits	$	165,743	$	163,316
Money market deposits		72,838		85,364
Savings deposits		81,115		64,823
Time deposits of $250,000 and greater		17,877		17,107
Time deposits less than $250,000		110,113		74,188
	$	447,686	$	404,798

At September 30, 2024, the scheduled maturities of time deposits were as follows:


(Dollars in thousands)	Total
2024	$	13,695
2025		75,169
2026		38,220
2027		593
2028		206
2029		107
	$	127,990

There were $56.7 million and $23.6 million of brokered time deposits which were bifurcated into amounts below the FDIC insurance limit at September 30, 2024 and December 31, 2023, respectively. Additionally, there were $21.8 million and $20.9 million of brokered deposits included in savings deposits at September 30, 2024 and December 31, 2023, respectively. Reciprocal deposits were $6.4 million and $1.1 million at September 30, 2024 and December 31, 2023, respectively.

Deposits from related parties totaled $12.1 million and $10.7 million at of September 30, 2024 and December 31, 2023, respectively.