| Deposits |
Deposits The composition of consolidated deposits consisted of the following at the periods indicated: | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | (dollars in thousands; unaudited) | | Demand, noninterest bearing | $ | 579,161 | | | $ | 579,616 | | | Interest bearing demand and money market | 4,128,511 | | | 3,450,679 | | | Savings | 321,295 | | | 101,616 | | | Total core deposits | 5,028,967 | | | 4,131,911 | | | Other deposits | 1 | | | 1 | | | Time deposits less than $250,000 | 8,121 | | | 8,229 | | | Time deposits $250,000 and over | 4,075 | | | 4,058 | | | Total deposits | $ | 5,041,164 | | | $ | 4,144,199 | |
The following table presents the maturity distribution of time deposits as of March 31, 2026: | | | | | | | | | | (dollars in thousands; unaudited) | | As of March 31, 2026 | | Twelve months | | $ | 9,235 | | | One to two years | | 1,620 | | | Two to three years | | 555 | | | Three to four years | | 180 | | | Four to five years | | 606 | | | | | | | $ | 12,196 | |
Included in total deposits is $462.5 million in reciprocal deposit accounts as of March 31, 2026, compared to $460.3 million at December 31, 2025, which provides our customers with fully insured deposits through an exchange of deposits with other financial institutions.
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