XML 43 R19.htm IDEA: XBRL DOCUMENT v3.24.1
Deposits
12 Months Ended
Dec. 31, 2023
Deposits [Abstract]  
Deposits Deposits
Deposits consisted of the following as of December 31:
(Dollars in thousands)20232022
Noninterest-bearing demand deposits$801,312 $793,939 
Interest-bearing demand deposits947,372 1,024,351 
Money market850,674 962,265 
Savings288,404 339,231 
Total demand and savings 2,887,762 3,119,786 
Time1,458,450 658,545 
Total deposits$4,346,212 $3,778,331 
Overdrafts$315 $401 
The scheduled maturities of time deposits at December 31, 2023 were as follows:
Time Deposits
(In thousands)Less than $250,000$250,000 or more
Maturing in 2024$886,322 $294,212 
Maturing in 2025172,002 35,816 
Maturing in 202632,084 2,782 
Maturing in 202720,424 1,182 
Maturing in 202810,043 254 
Maturing thereafter3,037 292 
$1,123,912 $334,538 
Mid Penn had $244.8 million in brokered certificates of deposits as of December 31, 2023 and $100.0 million as of December 31, 2022. As of December 31, 2023 and 2022, Mid Penn had $96.7 million and $29.6 million of CDAR deposits, respectively.
Deposits and other funds from related parties held by Mid Penn at December 31, 2023 and 2022 amounted to $48.3 million and $56.8 million, respectively.