Deposits (Tables)

12 Months Ended

Dec. 31, 2024

Deposits

Summary of Scheduled Maturities of All Time Deposits

The following is a summary of the scheduled maturities of all time deposits maturing within the following years ended  December 31:

(in thousands)	Time deposits- retail
2025	$	122,732
2026		13,138
2027		6,634
2028		337
2029		270
Thereafter		56
Total	$	143,167

Summary of deposit liabilities

The following table summarizes deposits as of December 31, 2024 and 2023:

(in thousands)	2024			2023
		Balance	Percent		Balance	Percent
Non-Interest-bearing deposits:	$	426,737	27%	$	427,670	28%
Interest-bearing deposits:
Demand		386,803	25%		350,860	22%
Money market- retail		447,149	28%		385,649	25%
Money market- brokered		1	0%		—	—
Savings deposits		170,972	11%		191,265	12%
Time deposits- retail		143,167	9%		165,533	11%
Time deposits- brokered		—	—		30,000	2%
Total Deposits	$	1,574,829	100%	$	1,550,977	100%