Deposits

3 Months Ended

Mar. 31, 2025

Depositor account balances as of March 31, 2025 and December 31, 2024 are summarized as follows:


	March 31, 2025		December 31, 2024
Negotiable order of withdrawal (NOW)	$	250,679	$	242,575
Savings accounts		109,915		110,288
Money market		132,019		131,988
		492,613		484,851
Certificates of deposit		231,970		209,856
Wholesale and brokered certificates of deposit		98,862		106,035
	$	823,445	$	800,742

The weighted average interest rate on depositor accounts as of March 31, 2025 and December 31, 2024 was 1.66% and 1.63%, respectively.

Included in deposits are certificates of deposit in amounts greater than $250,000 totaling $48.1 million of account balance and approximately $1.9 million in annual interest expenses at March 31, 2025 and $43.2 million of account balance and approximately $1.6 million in annual interest expense at December 31, 2024. The scheduled maturities of all certificates of deposit at March 31, 2025 were as follows:


2025	$	192,298
2026		78,835
2027		52,089
2028		2,638
2029		4,290
2030		682
Total	$	330,832