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Deposits (Tables)
3 Months Ended
Mar. 31, 2025
Deposits [Abstract]  
Schedule of Deposits Composition

The composition of deposits is shown below. Average balances represent year-to-date averages.

 

 

March 31, 2025

 

 

December 31, 2024

 

 

 

Balance

 

 

Average
Balance

 

 

Balance

 

 

Average
Balance

 

 

 

(Dollars in Thousands)

 

Non-interest-bearing transaction accounts

 

$

433,201

 

 

$

414,499

 

 

$

436,111

 

 

$

441,313

 

Interest-bearing transaction accounts

 

 

1,015,846

 

 

 

927,250

 

 

 

965,637

 

 

 

884,321

 

Money market accounts

 

 

831,897

 

 

 

831,598

 

 

 

809,695

 

 

 

815,603

 

Certificates of deposit

 

 

181,751

 

 

 

189,547

 

 

 

184,986

 

 

 

237,228

 

Wholesale deposits

 

 

780,348

 

 

 

694,431

 

 

 

710,711

 

 

 

515,196

 

Total deposits

 

$

3,243,043

 

 

$

3,057,325

 

 

$

3,107,140

 

 

$

2,893,661

 

Time Deposit by Maturity

A summary of annual maturities of core and wholesale certificates of deposit at March 31, 2025 is as follows:

(In Thousands)

 

 

 

Maturities during the year ended December 31,

 

 

 

2025

 

$

524,744

 

2026

 

 

113,040

 

2027

 

 

97,412

 

2028

 

 

29,433

 

2029

 

 

18,462

 

Thereafter

 

 

8,790

 

 

 

$

791,881