XML 23 R12.htm IDEA: XBRL DOCUMENT v3.25.2

Deposits

6 Months Ended

Jun. 30, 2025

Deposits [Abstract]

Deposits

Deposits

Deposits were $2.81 billion as of June 30, 2025 and December 31, 2024. The $5.5 million increase was primarily a result of higher balances in commercial customer deposit accounts, partially offset by the seasonal outflow of funds from public entity customers and income tax payments. Deposits are summarized below:

(in thousands)			June 30, 2025						December 31, 2024
Noninterest-bearing demand deposits			$	897,997					$	866,496
Interest-bearing deposits:
Interest-bearing demand deposits			154,870						154,720
NOW accounts			416,459						467,118
Money market accounts			568,839						556,769
Savings accounts			172,454						169,894
Time deposits less than or equal to $250,000			408,171						403,096
Time deposits greater than $250,000			191,815						187,013
Total interest-bearing deposits			$	1,912,608					$	1,938,610
Total deposits			$	2,810,605					$	2,805,106

Collateral for Deposits

As of June 30, 2025 and December 31, 2024, securities and FHLB letters of credit with values of approximately $221.2 million and $287.5 million, respectively, were pledged as collateral to secure public entity deposits.

X

- 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

Name:	us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DepositsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration