DEPOSITS (Tables)

12 Months Ended

Dec. 31, 2024

DEPOSITS [Abstract]

Deposits

The following table shows the breakdown of deposits as of December 31, 2024 and 2023, by deposit type (in thousands):

	2024		2023
Non-interest-bearing deposits	$	532,776	$	523,784
Interest bearing demand deposits		18,004		-
NOW accounts		581,673		670,712
Savings deposits		292,918		307,357
Money market deposit accounts		434,856		400,154
Certificates of deposit		521,801		419,474
Total	$	2,382,028	$	2,321,481

Maturities of Certificates of Deposit

Following are maturities of certificates of deposit as of December 31, 2024 (in thousands):

2025	$	399,497
2026		51,884
2027		41,621
2028		16,186
2029		8,953
Thereafter		3,660
Total certificates of deposit	$	521,801