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Deposits
 3 Months Ended
Mar. 31, 2023
Deposits, by Type [Abstract]  
Deposits DEPOSITS
Deposits consist of the following:
March 31, 2023December 31, 2022
(dollars in thousands)Balance%Balance%
Noninterest-bearing demand$599,763 27.84 %$630,120 30.17 %
Interest-bearing:
Demand697,312 32.37 %638,876 30.59 %
Money market deposits305,329 14.17 %347,872 16.66 %
Savings121,007 5.62 %124,533 5.96 %
Certificates of deposit430,912 20.00 %347,062 16.62 %
Total interest-bearing1,554,560 72.16 %1,458,343 69.83 %
Total Deposits$2,154,323 100.00 %$2,088,463 100.00 %
The aggregate amount of certificates of deposit that exceed the FDIC insurance limit of $250,000 at March 31, 2023 and December 31, 2022 was $193.3 million and $114.7 million, respectively.
At March 31, 2023 the scheduled contractual maturities of certificates of deposit are as follows:
(dollars in thousands)
March 31, 2023
Within one year$288,627 
Year 287,400 
Year 339,196 
Year 44,470 
Year 511,219 
$430,912 
The Company monitors all customer deposit concentrations at or above 2% of total deposits. At March 31, 2023, the Bank had two customer deposit relationships that exceeded 2% of total deposits, totaling $320.9 million which represented 14.9% of total deposits. At December 31, 2022, the Bank had two customer deposit relationships that exceeded 2% of total deposits, totaling $346.4 million which represented 16.6% of total deposits. These concentrations were with local municipal agencies.