Annual report [Section 13 and 15(d), not S-K Item 405]

DEPOSITS

v3.25.4
DEPOSITS
 12 Months Ended
Dec. 31, 2025
Deposits [Abstract]  
DEPOSITS
Note 10
DEPOSITS
The composition of the Company’s
 
interest bearing deposits at December 31 was as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in Thousands)
2025
2024
NOW Accounts
$
1,322,114
$
1,285,281
Money Market Accounts
390,888
404,396
Savings Deposits
503,485
506,766
Time Deposits
193,939
169,280
Total Interest Bearing
 
Deposits
$
2,410,426
$
2,365,723
At December 31, 2025 and 2024, $
1.2
 
million in overdrawn deposit accounts were reclassified as loans.
The amount of time deposits that meet or exceed the FDIC insurance limit of $250,000
 
totaled $
76.0
 
million and $
56.8
 
million at
December 31, 2025 and 2024, respectively.
At December 31, the scheduled maturities of time deposits were as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in Thousands)
2025
2026
$
174,907
2027
11,610
2028
3,170
2029
1,563
2030
2,689
Total
$
193,939
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense on deposits for the three years ended December 31 was as follows:
(Dollars in Thousands)
2025
2024
2023
NOW Accounts
$
15,441
$
16,835
$
12,375
Money Market Accounts
8,594
9,957
3,670
Savings Deposits
666
723
598
Time Deposits < $250,000
3,183
3,579
117
Time Deposits > $250,000
1,713
1,068
822
Total Interest Expense
$
29,597
$
32,162
$
17,582