Deposits (Tables)

12 Months Ended

Dec. 31, 2023

Deposits [Abstract]

Summary of Scheduled Maturities of All Time Deposits

The following is a summary of the scheduled maturities of all time deposits maturing within years ended  December 31:

(in thousands)	Time deposits- brokered		Time deposits- retail
2024	$	30,000	$	146,683
2025		—		13,990
2026		—		4,154
2027		—		491
2028		—		170
Thereafter		—		45
Total	$	30,000	$	165,533

Summary of deposit liabilities

The following table summarizes deposits as of December 31, 2023 and 2022:

(in thousands)	December 31, 2023			December 31, 2022
		Balance	Percent		Balance	Percent
Non-Interest-bearing deposits:	$	427,670	28%	$	506,613	32%
Interest-bearing deposits:
Demand		350,860	22%		327,685	21%
Money market		385,649	25%		365,192	23%
Savings deposits		191,265	12%		250,720	16%
Time deposits- retail		165,533	11%		120,523	8%
Time deposits- brokered		30,000	2%		—	0%
Total Deposits	$	1,550,977	100%	$	1,570,733	100%