Deposits |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Banking and Thrift, Other Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deposits | Deposits Deposits as of June 30, 2025 and December 31, 2024 are summarized as follows (in thousands):
(1) Our insured cash sweep product totaled $1.13 billion and $1.16 billion as of June 30, 2025 and December 31, 2024, respectively, and are reported within NOW accounts. (2) Time deposits equal to or in excess of $250,000, were $842.4 million and $789.0 million as of June 30, 2025 and December 31, 2024, respectively. Additionally, reciprocal Certificate of Deposit Account Registry Service product totaled $2.4 million and $3.5 million as of June 30, 2025 and December 31, 2024, respectively. Within total deposits, brokered deposits totaled $763.2 million and $255.0 million as of June 30, 2025 and December 31, 2024, respectively.
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