Deposits

12 Months Ended

Dec. 31, 2024

Depositor account balances as of December 31, 2024 and 2023 are summarized as follows:


	December 31, 2024		December 31, 2023
Negotiable order of withdrawal (NOW)	$	242,575	$	268,379
Savings accounts		110,288		127,213
Money market		131,988		108,778
		484,851		504,370
Certificates of deposit		209,856		174,362
Wholesale and brokered certificates of deposit		106,035		90,556
	$	800,742	$	769,288

The weighted average interest rate on depositor accounts as of December 31, 2024 and 2023 was 1.63% and 1.23%, respectively.

Included in deposits are certificates of deposit in amounts greater than $250,000 totaling $43.2 million of account balance and approximately $1.6 million in annual interest expenses for December 31, 2024 and $23 million of account balance and approximately $891 thousand in annual interest expense for December 31, 2023. The scheduled maturities of all certificates of deposit at December 31, 2024 were as follows:


2025	$	230,258
2026		51,952
2027		27,153
2028		2,044
2029		4,484
Total	$	315,891