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Deposits (Tables)
6 Months Ended
Jun. 30, 2026
Banking [Abstract]  
Composition of deposits
The composition of the deposits at June 30, 2026 and December 31, 2025 is summarized in the table below (in thousands):
June 30, 2026December 31, 2025
Savings and NOW accounts$976,176 $674,704 
MMA accounts1,151,159 858,354 
Time deposits541,119 503,451 
Total interest-bearing2,668,454 2,036,509 
Non-interest bearing1,451,008 1,058,765 
Total deposits$4,119,462 $3,095,274 
Brokered deposits included in time deposits$360,472 $398,298 
As of June 30, 2026 and December 31, 2025, uninsured deposits totaled $1,526,017,000 and $1,185,118,000, respectively.
Aggregate annual maturities of time deposits
Aggregate annual maturities of time deposits are as follows (in thousands):
Years Ending December 31,
2026$282,652 
2027246,306 
202810,478 
2029688 
2030333 
Thereafter662 
Total$541,119 
Interest expense recognized on interest-bearing deposits
Interest expense recognized on interest-bearing deposits consisted of the following (in thousands):
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
2026202520262025
Savings$188 $136 $343 $282 
Money market7,244 5,070 12,329 10,170 
NOW accounts1,453 898 2,465 1,611 
Time certificates of deposit4,847 4,434 9,430 8,863 
Total$13,732 $10,538 $24,567 $20,926