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Deposits | 12 Months Ended
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Dec. 31, 2024
Deposits [Abstract] |
Deposits | Deposits Deposits were $2.81 billion as of December 31, 2024, which remained consistent with $2.80 billion as of December 31, 2023. In 2024, customer deposit balances were consistent with normal activity. D eposits are summarized below:
| December 31,
(in thousands) | 2024 |  | 2023
Noninterest-bearing demand deposits | $ | 866,496 |  |  | $ | 916,456 |
Interest-bearing deposits: |  |  |
Interest-bearing demand deposits | 154,720 |  |  | 138,380 |
NOW accounts | 467,118 |  |  | 468,483 |
Money market accounts | 556,769 |  |  | 541,607 |
Savings accounts | 169,894 |  |  | 173,741 |
Time deposits less than or equal to $250,000 | 403,096 |  |  | 392,094 |
Time deposits greater than $250,000 | 187,013 |  |  | 171,127 |
Total interest-bearing deposits | 1,938,610 |  |  | 1,885,432 |
Total deposits | $ | 2,805,106 |  |  | $ | 2,801,888 |
As of December 31, 2024, the scheduled maturities of all outstanding time deposits were as follows:
Years ending December 31, |  | Amount
(in thousands) |  |
2025 |  | $ | 541,927 |
2026 |  | 27,430 |
2027 |  | 9,985 |
2028 |  | 4,493 |
2029 |  | 4,464 |
Thereafter |  | 1,810 |
|  | $ | 590,109 |
Collateral for Deposits As of December 31, 2024 and 2023, securities and FHLB of Dallas letters of credit with values of approximately $287.5 million and $287.4 million, respectively, were pledged as collateral to secure public entity deposits.

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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478353/942-405-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(12)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph e -Publisher SEC Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC + Details
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