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Interest-Bearing Deposits (Tables)
12 Months Ended
Dec. 31, 2024
Interest-Bearing Deposits [Abstract]  
Schedule of Interest Bearing Deposits nterest-bearing deposits consist of the following:
December 31,
(In thousands)20242023
Interest-bearing demand deposits $628,328 $532,507 
Savings deposits 6,894 7,226 
Time deposits:
Less than $100 5,376 5,266 
$100 to less than $250 54,411 48,540 
$250 or more (1)
21,677 22,916 
Total $716,686 $616,455 
Weighted average interest rate 2.51 %3.16 %
(1)The scheduled maturities of time deposits not covered by deposit insurance consist of $17.3 million within one year and $4.4 million within one to three years.
Schedule of Interest on Deposits
Interest expense consists of the following:
December 31,
(In thousands)202420232022
Interest-bearing demand deposits $17,028 $14,056 $3,118 
Savings deposits 116 113 38 
Time deposits:
Less than $100 226 153 25 
$100 to less than $250 2,290 1,411 199 
$250 or more 597 417 102 
Total $20,257 $16,150 $3,482 
Schedule of Maturities of Time Deposits
The scheduled maturities of time deposits are summarized as follows:
December 31,
20242023
(In thousands)AmountPercent
of Total
AmountPercent
of Total
Due within:
One year $75,628 92.7 %$72,616 94.6 %
Two years 5,749 7.1 %2,941 3.8 %
Three years 26 0.1 %1,098 1.4 %
Four years — — %39 0.1 %
Five years 61 0.1 %28 0.1 %
Total $81,464 100.0 %$76,722 100.0 %