Note 8 - Deposits

3 Months Ended

Mar. 31, 2024

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  March 31, 2024 and  December 31, 2023:

	March 31,		December 31,
Dollars in thousands	2024		2023
Demand deposits, interest bearing	$	2,145,824	$	2,164,522
Savings deposits		438,451		450,527
Time deposits		558,631		506,523
Total	$	3,142,906	$	3,121,572

Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $32.7 million and $32.8 million at  March 31, 2024 and  December 31, 2023, respectively.

A summary of the scheduled maturities for all time deposits as of March 31, 2024 is as follows:

Dollars in thousands
Nine month period ending December 31, 2024	$	419,100
Year ending December 31, 2025		93,387
Year ending December 31, 2026		23,027
Year ending December 31, 2027		9,938
Year ending December 31, 2028		7,520
Thereafter		5,659
Total	$	558,631

The aggregate amount of time deposits in denominations that meet or exceed the FDIC insurance limit of $250,000 totaled $153.4 million at March 31, 2024 and $138.1 million at December 31, 2023.