DEPOSITS |
NOTE 5 — DEPOSITS Major classifications of deposits at June 30, 2025 and December 31, 2024 consisted of: | | | | | | | (Dollars in thousands) | | June 30, | | December 31, | | | 2025 | | 2024 | Non-interest bearing demand | | $ | 202,977 | | $ | 203,583 | Interest bearing demand | | | 234,583 | | | 278,869 | Savings | | | 185,293 | | | 195,310 | Time certificates of deposits less than $250,000 | | | 375,600 | | | 327,236 | Time certificates of deposits $250,000 or greater | | | 57,368 | | | 39,782 | Other time | | | 1,457 | | | 1,100 | Total deposits | | $ | 1,057,278 | | $ | 1,045,880 |
The following table represents scheduled maturities of the Company’s time deposits, that are greater than or equal to $100K, by time remaining until maturity as of June 30, 2025. | | | | (Dollars in thousands) | | June 30, 2025 | 3 months or less | | $ | 73,272 | 3 - 6 months | | | 72,129 | 6 - 12 months | | | 20,623 | Greater than 12 months | | | 3,258 | Total time deposits equal to or greater than $100K | | $ | 169,282 |
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