DEPOSITS

12 Months Ended

Dec. 31, 2025

9. DEPOSITS

The Company had $983.9 million and $1.09 billion of total time deposits as of December 31, 2025 and 2024, respectively. Contractual maturities of total time deposits as of December 31, 2025 were as follows:


(Dollars in thousands)
Year Ending December 31:
2026	$	959,186
2027	13,983
2028	4,773
2029	3,516
2030	2,225
Thereafter	254
Total	$	983,937

Time deposits that meet or exceed the FDIC insurance limit of $250,000 totaled $566.6 million and $624.3 million at December 31, 2025 and 2024, respectively. This includes $138.1 million and $103.1 million in government time deposits at December 31, 2025 and 2024, respectively, which are fully collateralized. As of December 31, 2025 and 2024, the Company had no brokered or reciprocal deposits.

Contractual maturities of time deposits of $250,000 or more as of December 31, 2025 were as follows:


(Dollars in thousands)
Three months or less	$	339,020
Over three months through six months	174,690
Over six months through twelve months	48,840
2027	3,486
2028	—
2029	517
2030	—
Thereafter	—
Total	$	566,553