v3.26.1
Deposits
12 Months Ended
Dec. 31, 2025
Deposits [Abstract]  
Deposits Note 8 - Deposits

A summary of deposit accounts is as follows:

December 31,

(in thousands)

2025

2024

Demand

Noninterest bearing

$

131,456

$

129,692

Interest bearing

399,611

379,094

Savings

170,734

143,114

Time, $250,000 or more

48,010

44,246

Other time

187,318

186,258

Total

$

937,129

$

882,404

The Bank had no brokered deposits at either December 31, 2025 or December 31, 2024.

At December 31, 2025, deposits in accounts with balances exceeding the FDIC insurance limit of $250,000 totaled approximately $289,069,000 (30.85% of total deposits). Excluding collateralized public deposits, uninsured deposits totaled approximately $252,818,000 (26.98% of total deposits). These amounts are based on account balances without applying FDIC aggregation rules across accounts or ownership capacities and may differ from the actual uninsured portion. The Bank had no brokered deposits or other uninsured deposit-like instruments at December 31, 2025.

Note 8 – Deposits (continued)

At December 31, 2025, maturities of time deposits are scheduled as follows (in thousands):

Year Ending December 31,

Amount

2026

$

206,249

2027

20,700

2028

5,373

2029

1,055

2030

1,951

thereafter

-

$

235,328

The Bank held deposits from the Company’s officers, directors and their related interests of $13,205,000 and $18,972,000 at December 31, 2025 and 2024, respectively. The decrease was due to the retirement of board members in 2025.