Deposits

12 Months Ended

Dec. 31, 2025

Deposits.

Deposits

6.    Deposits

Deposits balances are summarized as follows:

	December 31,		December 31,
	2025		2024
Non-interest bearing demand deposits	$	227,272	$	238,126
Interest bearing accounts:
NOW(1)		123,576		123,466
Savings		127,219		132,648
Money market		242,333		188,904
Time certificates of deposit		376,940		337,639
Total interest bearing accounts		870,068		782,657
Total deposits	$	1,097,340	$	1,020,783

(1) Negotiable order of withdrawal

The Company has established a relationship to participate in a reciprocal deposit program with other financial institutions. The reciprocal deposit program provides access to FDIC-insured deposit products in aggregate amounts exceeding the current limits for depositors. At December 31, 2025 and 2024, total reciprocal deposits were $35,638 and $38,909, respectively. Included in time certificates of deposit at December 31, 2025 and 2024 were reciprocal deposits totaling $21,854 and $25,427, respectively, with original maturities of one to three years. Reciprocal deposits included in money market accounts totaled $13,784 and $13,482 at December 31, 2025 and 2024, respectively.

The Company did not have any brokered deposits at December 31, 2025 or 2024. Time certificates of deposit in denominations of $250 or greater were $99,659 and $95,591 as of December 31, 2025 and 2024, respectively.

Contractual maturities of time certificates of deposit at December 31, 2025 are summarized below:

	December 31,
	2025
Within 1 year	$	335,787
1 – 2 years		37,124
2 – 3 years		1,622
3 – 4 years		1,507
4 – 5 years		900
Total	$	376,940