Deposit Liabilities Disclosures [Text Block] |
5. DEPOSITS
Our total deposits at March 31, 2025 totaled $4.68 billion, a decrease of $16.6 million, or 0.4%, from December 31, 2024. The components of our outstanding balances at March 31, 2025 and December 31, 2024, and percentage change in deposits from the end of 2024 to the end of the first quarter of 2025, are as follows:
| | | | | | | | | | | | | | | | | | Percent | |
| | March 31, 2025 | | | December 31, 2024 | | | Increase | |
(Dollars in thousands) | | Balance | | | % | | | Balance | | | % | | | (Decrease) | |
| | | | | | | | | | | | | | | | | | | | |
Noninterest-bearing checking | | $ | 1,173,499 | | | | 25.1 | % | | $ | 1,264,523 | | | | 26.9 | % | | | (7.2 | )% |
Interest-bearing checking | | | 751,344 | | | | 16.0 | | | | 738,291 | | | | 15.7 | | | | 1.8 | |
Money market | | | 1,566,569 | | | | 33.5 | | | | 1,516,436 | | | | 32.3 | | | | 3.3 | |
Savings | | | 226,361 | | | | 4.8 | | | | 221,900 | | | | 4.7 | | | | 2.0 | |
Time, under $100,000 | | | 213,281 | | | | 4.6 | | | | 207,534 | | | | 4.4 | | | | 2.8 | |
Time, $100,000 and over | | | 601,036 | | | | 12.8 | | | | 599,983 | | | | 12.8 | | | | 0.2 | |
Total local deposits | | | 4,532,090 | | | | 96.8 | | | | 4,548,667 | | | | 96.8 | | | | (0.4 | ) |
| | | | | | | | | | | | | | | | | | | | |
Out-of-area time, $100,000 and over | | | 149,695 | | | | 3.2 | | | | 149,699 | | | | 3.2 | | | | (0.0 | ) |
| | | | | | | | | | | | | | | | | | | | |
Total deposits | | $ | 4,681,785 | | | | 100.0 | % | | $ | 4,698,366 | | | | 100.0 | % | | | (0.4 | )% |
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