Note 8 - Deposits |
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| Deposit Liabilities Disclosures [Text Block] |
NOTE 8. DEPOSITS
Deposits consisted of the following as of the dates presented (dollars in thousands).
The approximate scheduled maturities of time deposits, including brokered time deposits, for each of the next five years are shown below (dollars in thousands).
The aggregate amount of time deposits in denominations of $250,000 or more at December 31, 2025 and 2024 was approximately $166.8 million and $192.1 million, respectively.
Public funds deposits as of December 31, 2025 totaled approximately $246.2 million and were secured by investment securities with a carrying value of approximately $63.5 million and FHLB letters of credit totaling $106.4 million. Public funds deposits as of December 31, 2024 totaled approximately $194.0 million and were secured by investment securities with a carrying value of approximately $19.1 million and FHLB letters of credit totaling $126.2 million.
As of December 31, 2025 and 2024, total deposits outstanding to executive officers, directors and to companies in which they are principal owners amounted to approximately $14.7 million and $20.3 million, respectively.
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