Note 8 - Deposits |
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| Deposit Liabilities Disclosures [Text Block] |
Note 8 – Deposits The aggregate amount of retail and brokered certificates of deposit with a balance of $250 thousand or more was approximately $137.1 million at December 31, 2023 and $93.6 million at December 31, 2022. Brokered certificates of deposit totaled $29.9 million at December 31, 2023 and $40.0 million at December 31, 2022.
The Bancorp’s end-of-period deposit portfolio balances were as follows:
At December 31, 2023, scheduled maturities of certificates of deposit were as follows:
As of December 31, 2023, and 2022, approximately $530.2 million and $516.1 million, respectively, of our deposit portfolio was uninsured.
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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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