Deposits |
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Deposits | Deposits Deposits are summarized as follows as of the periods indicated:
_________________________________________ (1)Brokered CDs which are individually $250,000 and under. Total customer deposits include reciprocal balances from checking, money market deposits and CDs received from participating banks in nationwide deposit networks due to our customers electing to participate in Company offered programs which allow for third-party enhanced FDIC deposit insurance. Under this enhanced deposit insurance program, the equivalent of the customers' original deposited funds comes back to the Company and are carried within the appropriate category under deposits. The Company's balances in these reciprocal products were $897.6 million and $903.2 million at March 31, 2025 and December 31, 2024, respectively.
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