Deposits

3 Months Ended

Mar. 31, 2026

Deposits.

Deposits

5.    Deposits

Deposits balances are summarized as follows:

	March 31,		December 31,
	2026		2025
Non-interest bearing demand deposits	$	225,671	$	227,272
Interest bearing accounts:
NOW(1)		129,185		123,576
Savings		131,042		127,219
Money market		234,650		242,333
Time certificates of deposit		382,944		376,940
Total interest bearing accounts		877,821		870,068
Total deposits	$	1,103,492	$	1,097,340

(1) Negotiable order of withdrawal

The Company participates in a reciprocal deposit program with other financial institutions that provides access to Federal Deposit Insurance Corporation (the “FDIC”) insurance for deposit products with aggregate amounts exceeding the current limits for depositors. At March 31, 2026 and December 31, 2025, total reciprocal deposits were $36,446 and $35,638, respectively. Included in time certificates of deposit at March 31, 2026 and December 31, 2025 were reciprocal deposits totaling $22,757 and $21,854, respectively, with original maturities of one to three years. Reciprocal deposits included in money market accounts totaled $13,690 and $13,784 at March 31, 2026 and December 31, 2025, respectively.

The Company had no brokered deposits at either March 31, 2026 or December 31, 2025. Time certificates of deposit in denominations of $250 or greater were $103,566 and $99,659 as of March 31, 2026 and December 31, 2025, respectively.

Contractual maturities of time certificates of deposit at March 31, 2026 are summarized below:

	March 31,
	2026
Within 1 year	$	368,115
1 – 2 years		11,252
2 – 3 years		1,230
3 – 4 years		1,564
4 – 5 years		783
Total	$	382,944