v3.26.1
Deposits
12 Months Ended
Dec. 31, 2025
Deposits.  
Deposits

Note 7.

Deposits

The composition of deposits at December 31, 2025 and 2024 is as follows:

(in thousands)

2025

2024

NOW Accounts

$

56,280

$

53,921

Savings Accounts

 

76,419

 

76,020

Money Market Fund Accounts

 

20,729

 

22,726

Certificates of Deposit

 

239,734

 

238,809

Total

$

393,162

$

391,476

Time deposits that meet or exceed the Federal Deposit Insurance Corporation (FDIC) insurance limit of $250,000 at December 31, 2025 and 2024 were $50,230,000 and $48,338,000, respectively.

Time deposits at December 31, 2025 mature as follows:

(in thousands)

Amount

2026

$

224,051

2027

 

10,998

2028

 

2,784

2029

 

835

2030

 

1,003

Thereafter

 

63

Total

$

239,734

As of December 31, 2025 and 2024, deposits from related parties totaled $512,000 and $862,000, respectively.

As of December 31, 2025 and 2024, the Company held no brokered deposits.