Deposits |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Services, Banking and Thrift [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deposits | Deposits The aggregate amount of time deposits that meet or exceed the FDIC Insurance Limit of $250,000, was approximately $302.2 million and $295.4 million on March 31, 2026, and December 31, 2025, respectively. Brokered time deposits, which are fully insured, totaled $3.4 million and $64.4 million as of March 31, 2026, and December 31, 2025, respectively. Time deposits through the Certificate of Deposit Account Registry Service (“CDARS”) program totaled $22.4 million at March 31, 2026, compared to $22.4 million at December 31, 2025. The remaining maturities of time deposits as of March 31, 2026 are as follows (in thousands):
At March 31, 2026, and December 31, 2025, amounts included in time deposits for individual retirement accounts totaled $110.7 million and $111.2 million, respectively. Overdrafts of $524.4 thousand and $704.0 thousand were reclassified to loans as of March 31, 2026, and December 31, 2025, respectively.
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