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v3.25.2

Deposits (Tables) | 6 Months Ended
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Jun. 30, 2025
Deposits [Abstract] |
Composition of Deposits | The composition of deposits at June 30, 2025 and December 31, 2024 was as follows:
|  | June 30, 2025 |  |  | December 31, 2024 |
|  | (in thousands) |
Noninterest bearing demand deposits |  | $ | 574,596 |  |  | $ | 406,180 |
Savings and interest bearing demand deposits: |  |  |  |  |  |
NOW accounts |  | $ | 336,653 |  |  | $ | 278,835 |
Money market accounts |  |  | 262,622 |  |  |  | 269,115 |
Regular savings accounts |  |  | 129,095 |  |  |  | 131,380 |
|  | $ | 728,370 |  |  | $ | 679,330 |
Time deposits: |  |  |  |  |  |
Balances of less than $250,000 |  | $ | 285,217 |  |  | $ | 293,864 |
Balances of $250,000 and more |  |  | 178,341 |  |  |  | 195,782 |
|  | $ | 463,558 |  |  | $ | 489,646 |
|  | $ | 1,766,524 |  |  | $ | 1,575,156 |

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