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Deposits
3 Months Ended
Mar. 31, 2025
Deposits [Abstract]  
Deposits

NOTE 6. Deposits

The composition of deposits at March 31, 2025 and December 31, 2024 was as follows:

 

 

 

March 31, 2025

 

 

December 31, 2024

 

 

 

(in thousands)

 

Noninterest bearing demand deposits

 

$

421,342

 

 

$

406,180

 

Savings and interest bearing demand deposits:

 

 

 

 

 

 

NOW accounts

 

$

281,681

 

 

$

278,835

 

Money market accounts

 

 

284,159

 

 

 

269,115

 

Regular savings accounts

 

 

131,839

 

 

 

131,380

 

 

$

697,679

 

 

$

679,330

 

Time deposits:

 

 

 

 

 

 

Balances of less than $250,000

 

$

300,185

 

 

$

293,864

 

Balances of $250,000 and more

 

 

194,585

 

 

 

195,782

 

 

$

494,770

 

 

$

489,646

 

 

$

1,613,791

 

 

$

1,575,156