v3.26.1
Deposits
3 Months Ended
Mar. 31, 2026
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]  
Deposits
5.
Deposits

Deposits in the accompanying consolidated balance sheets consisted of the following:

(Dollars in thousands)

 

March 31, 2026

 

 

December 31, 2025

 

Transaction accounts:

 

 

 

 

 

 

Noninterest bearing demand accounts

 

$

577,217

 

 

$

495,000

 

Interest bearing demand accounts

 

 

4,274,721

 

 

 

3,362,601

 

Savings

 

 

25,392

 

 

 

21,589

 

Total transaction accounts

 

 

4,877,330

 

 

 

3,879,190

 

Time deposits

 

 

837,747

 

 

 

747,698

 

Total deposits

 

$

5,715,077

 

 

$

4,626,888

 

The aggregate amount of time deposits in denominations greater than $250,000 totaled approximately $551.7 million and $539.4 million as of March 31, 2026 and December 31, 2025, respectively.

Scheduled maturities of time deposits at March 31, 2026 are as follows:

(Dollars in thousands)

 

Maturities by Year

 

2026 (nine months remaining)

 

$

672,216

 

2027

 

 

145,314

 

2028

 

 

15,252

 

2029

 

 

2,331

 

2030

 

 

2,578

 

2031

 

 

52

 

Thereafter

 

 

4

 

 

 

$

837,747

 

At March 31, 2026 and December 31, 2025, the aggregate amount of demand deposit overdrafts that were reclassified as loans was approximately $1.4 million and $286,000, respectively.