DEPOSITS

12 Months Ended

Dec. 31, 2025

DEPOSITS.

DEPOSITS

10. DEPOSITS

The following table sets forth the balance of the Company’s deposits:

	AT  DECEMBER 31,
	2025		2024
	(IN THOUSANDS)
Demand:
Non-interest bearing	$	159,198	$	171,622
Interest bearing		322,155		342,158
Savings		123,075		119,479
Money market		265,953		231,424
Time deposits (1)		377,747		336,312
Total deposits	$	1,248,128	$	1,200,995

(1) Time deposits include certificates of deposit (CDs) and individual retirement accounts (IRAs).

The following table sets forth the balance of time deposits as of December 31, 2025 maturing in the periods presented:

YEAR:	TIME DEPOSITS
	(IN THOUSANDS)
2026	$	301,216
2027		61,461
2028		5,501
2029		4,386
2030		2,733
2031 and after		2,450
Total	$	377,747

The aggregate amount of time deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2025 and 2024 are $144.3 million and $101.2 million, respectively.

The amount of related party deposits totaled $5,405,000 and $4,219,000 at December 31, 2025 and 2024, respectively.

Additionally, the Company had one deposit relationship that exceeded 5% of total deposits at December 31, 2025. The amount of this relationship totaled $82.6 million and $86.7 million at December 31, 2025 and 2024, respectively.