Deposits

12 Months Ended

Dec. 31, 2022

Deposits, by Type [Abstract]

Deposits

DEPOSITS

Deposits consist of the following:

(dollars in thousands)	December 31,
	2022		2021
Noninterest-bearing demand	$	630,120	$	445,778
Interest-bearing:
Savings	124,533		119,767
Demand deposits	638,876		790,481
Money market deposits	347,872		372,717
Certificates of deposit	347,062		327,421
Total interest-bearing	1,458,343		1,610,386
Total Deposits	$	2,088,463	$	2,056,164

As of December 31, 2022, and 2021, there were $19.0 million and $30.5 million, respectively in deposit accounts held by executive officers and directors and their related interests of the Bank and Company.

The aggregate amount of certificates of deposit that met or exceeded the FDIC insurance limit of $250,000 at December 31, 2022, and 2021 was $114.7 million and $62.6 million, respectively.

At December 31, 2022 the scheduled contractual maturities of certificates of deposit are as follows:

(dollars in thousands)	December 31, 2022
Within one year	$	258,086
Year 2	54,937
Year 3	24,425
Year 4	5,999
Year 5	3,615
	$	347,062