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Note 8 - Deposits
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Deposit Liabilities Disclosures [Text Block]

Note 8. Deposits

 

At December 31, 2024, the maturities of time deposits are as follows (in thousands):

 

2025

 $301,147 

2026

  15,412 

2027

  5,398 

2028

  3,479 

2029

  2,418 

Total time deposits

 $327,854 

 

Interest expense on deposits for the years ended December 31, 2024 and 2023 is summarized as follows (in thousands):

 

  

2024

  

2023

 
         

Interest-bearing checking

 $12,164  $9,824 

Savings and money market

  7,188   6,970 

Time deposits

  12,659   7,677 

Total deposit interest expense

 $32,011  $24,471 

 

Deposits held by the Company from related parties as of December 31, 2024 and 2023 totaled approximately $32.9 million and $22.7 million, respectively.