v3.26.1
Note 9 - Interest-bearing Deposits
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Deposit Liabilities Disclosures [Text Block]

9.

Interest-Bearing Deposits

 

Major classifications of interest-bearing deposits as of December 31 were as follows:

 

(Dollars in thousands)

 

2025

   

2024

 
                 

NOW

  $ 133,439     $ 120,907  

Money market

    87,558       67,371  

Savings

    68,011       79,084  

Certificates of deposit, greater than $250,000

    59,951       61,647  

Other time deposits

    254,402       322,600  
    $ 603,361     $ 651,609  

 

As of December 31, 2025, certificates of deposit mature as follows:

 

   

(Dollars in thousands)

 

Year

 

Amount

 
         

2026

  $ 293,884  

2027

    18,588  

2028

    1,543  

2029

    124  

2030

    214  
    $ 314,353  

 

In connection with the Merger, the Company recognized a certificate of deposit premium of $616.4 thousand, which is being accreted using the interest method based upon the maturity of each certificate of deposit. Accretion of $1.1 thousand and $4.8 thousand were recorded in 2025 and 2024, respectively.