DEPOSITS (Schedule of Interest Expense on Deposits) (Detail) - USD ($) $ in Thousands |
12 Months Ended | ||
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Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Deposits [Abstract] | |||
NOW Accounts | $ 12,375 | $ 2,800 | $ 294 |
Money Market Accounts | 3,670 | 203 | 134 |
Savings Deposits | 598 | 309 | 263 |
Time Deposits less than $250,000 | 117 | 129 | 145 |
Time Deposits more than $250,000 | 822 | 3 | 3 |
Total Interest Expense | $ 17,582 | $ 3,444 | $ 839 |
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- References No definition available.
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- Definition Aggregate amount of interest expense on all deposits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Interest expense incurred on all money market deposits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Interest expense incurred on the amount of Negotiable Order of Withdrawal (NOW). Interest-bearing transaction account that combines the payable on demand feature of checks and investment feature of savings accounts. A NOW account is functionally an interest paying checking account. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Interest expense incurred on all savings account deposits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Interest expense incurred on time deposits, including certificates of deposits, of $100,000 or more in domestic offices. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Interest expense incurred on time deposits, including certificates of deposits, less than $100,000 in domestic offices. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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