v3.26.1
Deposits
3 Months Ended
Mar. 31, 2026
Deposits [Abstract]  
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 market4,128,511 3,450,679 
Savings321,295 101,616 
Total core deposits5,028,967 4,131,911 
Other deposits
Time deposits less than $250,0008,121 8,229 
Time deposits $250,000 and over4,075 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 years1,620 
Two to three years555 
Three to four years180 
Four to five years606 
$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.