Note 12 - Deposits

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

NOTE 12.  DEPOSITS

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

Dollars in thousands	2022		2021
Demand deposits, interest bearing	$	1,743,299	$	1,127,298
Savings deposits		496,751		698,156
Time deposits		376,213		548,649
Total	$	2,616,263	$	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 December 31, 2022 and 2021, respectively.

A summary of the scheduled maturities for all time deposits as of December 31, 2022 is as follows:

Dollars in thousands	Amount
2023	$	207,317
2024		106,859
2025		33,723
2026		14,370
2027		8,185
Thereafter		5,759
Total	$	376,213

Time certificates of deposit in denominations of $250,000 or more totaled $88.0 million at December 31, 2022. The following is a summary of the maturity distribution of such deposits.

Dollars in thousands	Amount
Three months or less	$	21,703
Three through six months		5,760
Six through twelve months		12,062
Over twelve months		48,489
Total	$	88,014

At December 31, 2022 and 2021, our deposits of related parties including directors, executive officers and their related interests approximated $59.2 million and $63.9 million.