| Deposits |
Deposits Deposits at June 30, 2025 and 2024 are summarized as follows: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, | | 2025 | | 2024 | | Balance | | Weighted
Average
Interest Rate | | Balance | | Weighted
Average
Interest Rate | | (Dollars in Thousands) | | Non-interest-bearing demand | $ | 582,045 | | | 0.00 | % | | $ | 598,366 | | | 0.00 | % | | Interest-bearing demand | 2,362,222 | | | 2.62 | | | 2,308,915 | | | 3.06 | | | Savings | 754,376 | | | 1.34 | | | 643,481 | | | 0.80 | | | Certificates of deposits | 1,976,574 | | | 3.85 | | | 1,607,361 | | | 4.39 | | | Total deposits | $ | 5,675,217 | | | 2.61 | % | | $ | 5,158,123 | | | 2.84 | % |
Brokered deposits at June 30, 2025 and 2024 are summarized as follows: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, | | 2025 | | 2024 | | Balance | | Weighted
Average
Interest Rate | | Balance | | Weighted
Average
Interest Rate | | (Dollars in Thousands) | | Certificates of deposits | $ | 757,654 | | | 4.29 | % | | $ | 408,234 | | | 5.30 | % | | Total brokered deposits | $ | 757,654 | | | 4.29 | % | | $ | 408,234 | | | 5.30 | % |
A summary of certificates of deposit by maturity at June 30, 2025 follows: | | | | | | | June 30, | | 2025 | | (In Thousands) | | One year or less | $ | 1,911,408 | | | After one year to two years | 44,681 | | | After two years to three years | 6,946 | | | After three years to four years | 2,016 | | | After four years to five years | 6,159 | | | After five years | 5,364 | | | Total certificates of deposit | $ | 1,976,574 | |
Certificates of deposit with balances of $250,000 or more at June 30, 2025 and 2024, totaled approximately $1.0 billion and $633.0 million, respectively. The Bank’s deposits are insurable to applicable limits by the FDIC.
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