Note 8 - Deposits

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

NOTE 8.  DEPOSITS

The following is a summary of interest bearing deposits by type as of  September 30, 2022 and  December 31, 2021:

	September 30,		December 31,
Dollars in thousands	2022		2021
Demand deposits, interest bearing	$	1,475,643	$	1,127,298
Savings deposits		582,922		698,156
Time deposits		430,440		548,649
Total	$	2,489,005	$	2,374,103

Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $32.8 million and $14.7 million at  September 30, 2022 and  December 31, 2021, respectively.

A summary of the scheduled maturities for all time deposits as of September 30, 2022 is as follows:

Dollars in thousands
Three month period ending December 31, 2022	$	115,414
Year ending December 31, 2023		188,640
Year ending December 31, 2024		64,031
Year ending December 31, 2025		33,637
Year ending December 31, 2026		15,051
Thereafter		13,667
Total	$	430,440

The aggregate amount of time deposits in denominations that meet or exceed the FDIC insurance limit of $250,000 totaled $97.9 million at September 30, 2022 and $98.9 million at December 31, 2021.