DEPOSITS

3 Months Ended

Mar. 31, 2026

DEPOSITS.

DEPOSITS

6. DEPOSITS

Deposits, by deposit type, are summarized as follows:

	At March 31,		At December 31,
(In thousands)	2026		2025
Demand deposits	$	33,017	$	32,221
NOW accounts		28,142		27,801
Regular savings and demand clubs		25,085		25,662
Money markets		95,081		86,420
Certificates of deposit and retirement accounts		59,528		62,322
	$	240,853	$	234,426

Scheduled maturities of certificates of deposit and retirement accounts are summarized as follows:

(In thousands)	At March 31, 2026
2026	$	35,630
2027		17,991
2028		3,968
2029		1,497
2030		269
Thereafter		173
	$	59,528

The aggregate amount of time deposits in denominations of $250,000 or more were $36.8 million and $38.1 million including brokered deposits of $15.7 million and $16.7 million at March 31, 2026 and December 31, 2025, respectively. The FDIC generally provides federal deposit insurance per account owner of $250,000.

Interest expense on deposits for the three months ended March 31, 2026 and 2025 was as follows:

	Three Months Ended March 31,
(In thousands)	2026		2025
NOW accounts	$	6	$	6
Regular savings and demand clubs		22		18
Money markets		599		396
Certificates of deposit and retirement accounts		467		508
	$	1,094	$	928

Related party deposits at March 31, 2026 were $1.5 million. Related party deposits at December 31, 2025 were $1.5 million.