v3.26.1
Deposits
6 Months Ended
Jun. 30, 2026
Deposits [Abstract]  
Deposits Deposits
At June 30, 2026 and December 31, 2025, deposits consisted of the following:
June 30, 2026December 31, 2025
(In thousands)
Noninterest bearing demand deposit accounts$472,008 $403,652 
Interest bearing accounts:
NOW133,032 90,205 
Money market1,175,536 1,007,844 
Savings98,626 97,418 
Time certificates of deposit1,121,328 1,230,362 
Total interest bearing accounts2,528,522 2,425,829 
Total deposits$3,000,530 $2,829,481 

Maturities of time certificates of deposit as of June 30, 2026 and December 31, 2025 are summarized below:
June 30, 2026December 31, 2025
(In thousands)
2026$726,748 $1,224,995 
2027393,096 4,271 
20281,424 1,038 
202934 33 
2030 and thereafter26 25 
Total$1,121,328 $1,230,362 
The aggregate amount of individual certificate accounts, with balances of $250,000 or more, was approximately $228.1 million at June 30, 2026 and $245.0 million at December 31, 2025.
Brokered certificates of deposits totaled $453.0 million at June 30, 2026 and $505.0 million at December 31, 2025, respectively. Brokered money market accounts totaled $53.7 million at June 30, 2026 and $53.7 million at December 31, 2025, respectively. Certificates of deposits from national listing services were $26.8 million and $42.3 million as of June 30, 2026 and December 31, 2025, respectively. There were no one-way buy Certificate of Deposit Account Registry Service ("CDARS") or one-way buy Insured Cash Sweep Service ("ICS") at June 30, 2026 or December 31, 2025. Brokered deposits are comprised of Brokered CDs, brokered money market accounts, one-way buy CDARS, and one-way buy ICS.
The following table summarizes interest expense on deposits by account type for the three and six months ended June 30, 2026 and 2025:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In thousands)
NOW$59 $77 $108 $187 
Money market9,681 8,579 18,746 17,100 
Savings677 667 1,349 1,325 
Time certificates of deposits10,850 13,760 22,994 29,243 
Total interest expense on deposits$21,267 $23,083 $43,197 $47,855