TIME DEPOSITS

12 Months Ended

Dec. 31, 2024

Time Deposits

TIME DEPOSITS

NOTE 11 TIME DEPOSITS

The aggregate amount of time deposits that meet or exceed the Federal Deposit Insurance Corporation (“FDIC”) Insurance limit of $250,000 was $51.3 million and $52.8 million as of December 31, 2024 and 2023, respectively. Brokered time deposits totaled $3.0 million and $0 at December 31, 2024 and 2023, respectively. As of December 31, 2024, the scheduled maturities of time deposits are as follows (dollars are in thousands):

2025	$	221,094
2026		29,197
2027		9,774
2028		3,603
2029		5,071
After five years		-
Total	$	268,739