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Deposits (Tables)

9 Months Ended

Sep. 30, 2025

Banking [Abstract]

Composition of deposits

The composition of the deposits at September 30, 2025 and December 31, 2024 is summarized in the table below (in thousands):

						September 30, 2025						December 31, 2024
NOW accounts						$	457,004					$	470,548
MMA accounts						864,879						843,145
Savings deposits						172,744						172,976
Time deposits						489,487						443,284
Total interest-bearing						1,984,114						1,929,953
Non-interest bearing						1,091,817						980,824
Total deposits						$	3,075,931					$	2,910,777

Aggregate annual maturities of time deposits

Aggregate annual maturities of time deposits are as follows (in thousands):

Years Ending December 31,
2025						$	109,558
2026						356,801
2027						21,139
2028						1,251
2029						501
Thereafter						237
Total						$	489,487

Interest expense recognized on interest-bearing deposits

Interest expense recognized on interest-bearing deposits consisted of the following (in thousands):

						For the Three Months Ended September 30,												For the Nine Months Ended September 30,
						2025						2024						2025						2024
Savings						$	152					$	162					$	435					$	450
Money market						4,953						6,502						15,123						15,070
NOW accounts						1,068						87						2,678						264
Time certificates of deposit						4,612						5,742						13,475						13,994
Total						$	10,785					$	12,493					$	31,711					$	29,778

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Banking [Abstract]

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