Summary of Deposits |
The following table presents a summary of deposits: | | | | | | | | | (Dollars in thousands) | June 30, 2025 | December 31, 2024 | Noninterest-bearing: | | | Noninterest-bearing demand deposits | $646,584 | | $661,776 | | Interest-bearing: | | | Interest-bearing demand deposits | 668,483 | | 592,904 | | NOW accounts | 680,246 | | 692,812 | | Money market accounts | 1,147,792 | | 1,154,745 | | Savings accounts | 693,055 | | 523,915 | | Time deposits (1) | 1,209,088 | | 1,489,648 | | Total interest-bearing deposits | 4,398,664 | | 4,454,024 | | Total deposits | $5,045,248 | | $5,115,800 | |
(1)Includes wholesale brokered time deposit balances of $1.8 million and $297.5 million, respectively, as of June 30, 2025 and December 31, 2024.
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Schedule of Time Certificates of Deposit Maturities |
The following table presents scheduled maturities of time certificates of deposit: | | | | | | | | | (Dollars in thousands) | Scheduled Maturity | Weighted Average Rate | July 1, 2025 to December 31, 2025 | $831,039 | | 3.81 | % | 2026 | 289,029 | | 3.55 | | 2027 | 51,859 | | 3.06 | | 2028 | 27,871 | | 3.71 | | 2029 | 5,714 | | 2.78 | | 2030 and thereafter | 3,576 | | 2.25 | | Balance at June 30, 2025 | $1,209,088 | | 3.70 | % |
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