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Deposits (Tables)
 12 Months Ended
Dec. 31, 2024
Banking and Thrift, Other Disclosure [Abstract]  
Components of interest-bearing deposits
Interest-bearing deposits consisted of the following (in thousands):
 December 31,
20242023
Savings$172,976 $179,609 
Money market843,145 497,043 
NOW accounts470,548 251,334 
Time, $250,000 or more53,364 24,257 
Time, under $250,000389,920 137,828 
$1,929,953 $1,090,071 
Aggregate annual maturities of time deposits
Aggregate annual maturities of time deposits are as follows (in thousands):
Years Ending December 31,
2025$337,783 
202685,957 
202714,867 
20284,028 
2029649 
Thereafter— 
 $443,284 
Components of interest expense recognized on interest-bearing deposits
Interest expense recognized on interest-bearing deposits consisted of the following (in thousands):
 Years Ended December 31,
202420232022
Savings$603 $245 $25 
Money market20,284 8,910 848 
NOW accounts861 366 207 
Time certificates of deposit18,918 6,006 117 
$40,666 $15,527 $1,197