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Note 8 - Time Deposits
12 Months Ended
Dec. 31, 2022
Time Deposit [Abstract]  
Time Deposits

Note 8 - Time Deposits

The aggregate amount of time deposits was $175,449,000 and $168,373,000 at December 31, 2022 and 2021, respectively. Time deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2022 and 2021 were $24,470,000 and $24,987,000, respectively.

At December 31, 2022, the scheduled maturities of time deposits were as follows:

 

2023

 

$

85,267

 

2024

 

 

34,398

 

2025

 

 

27,556

 

2026

 

 

17,302

 

2027

 

 

10,926

 

Thereafter

 

 

 

Total time deposits

 

$

175,449