v3.25.2
Deposits and Borrowings (Tables)
6 Months Ended
Jun. 30, 2025
Deposits and Borrowings  
Schedule of deposits

(Dollars in thousands)

    

June 30, 2025

    

December 31, 2024

Deposits:

 

  

 

  

Non-interest bearing demand deposits(1)

$

438,628

$

433,288

Interest-bearing demand deposits(1)

 

681,230

 

705,097

Savings deposits

 

42,966

 

44,367

Time deposits(2)

 

734,069

 

709,663

Total Deposits

$

1,896,893

$

1,892,415

(1)Overdraft demand deposits reclassified to loans totaled $1 thousand at both June 30, 2025 and December 31, 2024.
(2)The aggregate amount of certificates of deposit with a minimum denomination of $250,000 was $324.3 million and $315.5 million at June 30, 2025 and December 31, 2024, respectively.
Schedule of long-term debt

    

    

    

    

June 30, 2025

    

December 31, 2024

(Dollars in thousands)

Stated Interest Rate Range

Weighted-Average Interest Rate

Carrying Value

Carrying Value

Long-term Debt:

 

  

 

  

 

  

 

  

FHLB advances

3.91% - 4.14

%  

3.99

%  

$

56,000

$

56,000

Subordinated debt

 

5.25

%  

5.25

%  

24,833

24,791

Total Long-term Debt

 

$

80,833

$

80,791

Schedule of carrying amount of the time deposits by contractual maturity

(Dollars in thousands)

    

June 30, 2025

2025

$

208,026

2026

 

349,310

2027

 

143,328

2028

 

31,106

2029

 

1,335

Thereafter

 

964

Total

$

734,069