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Deposits
3 Months Ended
Mar. 31, 2025
Deposits [Abstract]  
Deposits
5.
DEPOSITS

Deposit accounts are summarized as follows:

 

 

March 31,
2025

 

 

December 31,
2024

 

(Dollars in Thousands)

 

Amount

 

 

%

 

 

Amount

 

 

%

 

Demand, noninterest-bearing

 

$

646,002

 

 

 

26.55

%

 

$

658,646

 

 

 

27.89

%

Demand, interest-bearing

 

 

577,170

 

 

 

23.71

 

 

 

525,173

 

 

 

22.25

 

Money market and savings

 

 

553,240

 

 

 

22.73

 

 

 

540,030

 

 

 

22.88

 

Time deposits, $250 and over

 

 

166,441

 

 

 

6.84

 

 

 

164,901

 

 

 

6.99

 

Time deposits, other

 

 

387,226

 

 

 

15.91

 

 

 

368,217

 

 

 

15.60

 

Brokered time deposits

 

 

103,615

 

 

 

4.26

 

 

 

103,615

 

 

 

4.39

 

 

 

$

2,433,694

 

 

 

100.0

%

 

$

2,360,582

 

 

 

100.0

%

 

The above table does not include deposits that are held for sale at December 31, 2024 related to the New Jersey Branch Sale.

 

The brokered deposits outstanding at March 31, 2025 mature in the second quarter of 2025.