v3.25.4
DEPOSITS
12 Months Ended
Dec. 31, 2025
Deposits [Abstract]  
DEPOSITS DEPOSITS
The Company’s deposits are summarized below:
(dollars in thousands)December 31, 2025December 31, 2024
Noninterest-bearing deposits$1,049,043 $1,046,405 
Interest-bearing deposits:
Interest-bearing demand1,144,416 1,099,061 
Money market839,097 820,825 
Savings564,220 566,533 
Time762,487 785,430 
Total interest-bearing deposits3,310,220 3,271,849 
Total deposits$4,359,263 $4,318,254 
Reciprocal deposits included in interest-bearing demand deposits, money market deposits, and time deposits totaled $289.9 million and $229.4 million as of December 31, 2025 and 2024, respectively. There were no brokered deposits as of December 31, 2025 and 2024.
The aggregate amounts of time deposits in denominations of $250 thousand or more amounted to $201.4 million and $202.2 million as of December 31, 2025 and 2024, respectively. The aggregate amounts of time deposits in denominations of $100 thousand or more amounted to $445.7 million and $455.2 million as of December 31, 2025 and 2024, respectively.
The components of interest expense on deposits were as follows:
Year Ended December 31,
(dollars in thousands)202520242023
Interest-bearing demand$6,498 $5,499 $3,130 
Money market18,112 18,637 7,352 
Savings1,540 1,621 1,033 
Time25,539 28,183 10,784 
Brokered— 2,107 2,836 
Total interest expense on deposits$51,689 $56,047 $25,135 
At December 31, 2025, the scheduled maturities of time deposits are as follows (dollars in thousands):
Year ended December 31,
2026$708,504 
202742,744 
20286,192 
20292,646 
20302,240 
Thereafter161 
Total$762,487