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Deposits | 3 Months Ended
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Mar. 31, 2025
Deposits [Abstract] |
Deposits | Deposits The following table presents the balance of deposits held, by category as of March 31, 2025 and December 31, 2024:
(In thousands) |  | March 31, 2025 |  | December 31, 2024
Non-interest bearing |  | $ | 80,363 |  |  | $ | 119,212 |
Interest bearing: |  |  |  |
Negotiable order of withdrawal accounts |  | 25,228 |  |  | 31,549 |
Savings deposits |  | 38,362 |  |  | 38,743 |
Interest bearing DDA |  | 131,299 |  |  | 205,995 |
Money market |  | 267,478 |  |  | 262,023 |
Certificates of deposit, $250,000 or less |  | 182,919 |  |  | 174,095 |
Certificates of deposit, more than $250,000 |  | 67,102 |  |  | 65,278 |
Brokered deposits |  | 69,683 |  |  | 69,702 |
Interest bearing, Total |  | 782,071 |  |  | 847,385 |
Total Deposits |  | $ | 862,434 |  |  | $ | 966,597 |
The deposits from Digital Payments Division are included in the non-interest-bearing deposits, interest bearing DDA and money market deposits, and totaled approximately $161.1 million and $265.5 million as of March 31, 2025 and December 31, 2024, respectively. Interest Bearing DDA is net of deposits sold through the IntraFi network. There were $116.9 million in deposits sold as of March 31, 2025, and no deposits sold as of December 31, 2024. As of March 31, 2025, contractual maturities of Certificates of Deposit (“CDs”), and brokered deposits is summarized as follows:
(In thousands) | Certificates of Deposit $250,000 or less |  | Certificates of Deposit more than $250,000 |  | Brokered Deposits |  | Total
1 year or less | $ | 152,650 |  |  | $ | 54,789 |  |  | $ | 37,716 |  |  | $ | 245,155 |
More than 1 year through 2 years | 26,966 |  |  | 11,812 |  |  | 31,967 |  |  | 70,745 |
More than 2 years through 3 years | 3,057 |  |  | 501 |  |  | — |  |  | 3,558 |
More than 3 years through 4 years | 140 |  |  | — |  |  | — |  |  | 140 |
More than 4 years through 5 years | 106 |  |  | — |  |  | — |  |  | 106 |
| $ | 182,919 |  |  | $ | 67,102 |  |  | $ | 69,683 |  |  | $ | 319,704 |

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478353/942-405-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(12)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph e -Publisher SEC Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC + Details
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