v3.26.1
Deposits
6 Months Ended
Jun. 30, 2026
Deposits [Abstract]  
Deposits Deposits
The composition of consolidated deposits consisted of the following at the periods indicated:
June 30,
2026
December 31,
2025
(dollars in thousands; unaudited)
Demand, noninterest bearing$612,478 $579,616 
Interest bearing demand and money market3,728,832 3,450,679 
Savings509,473 101,616 
Total core deposits4,850,783 4,131,911 
Other deposits
Time deposits less than $250,0007,283 8,229 
Time deposits $250,000 and over3,831 4,058 
Total deposits$4,861,898 $4,144,199 
The following table presents the maturity distribution of time deposits as of June 30, 2026:
(dollars in thousands; unaudited)As of June 30, 2026
Twelve months$8,221 
One to two years1,687 
Two to three years449 
Three to four years233 
Four to five years524 
$11,114 
Included in total deposits is $618.8 million in reciprocal deposit accounts as of June 30, 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.
Additionally, as of June 30, 2026 there was $4.26 billion in CCBX deposits that were swept off balance sheet for increased FDIC insurance coverage and liquidity purposes. Amounts in excess of FDIC insurance coverage are swept off-balance sheet, using a third-party facilitator/vendor sweep product, to participating financial institutions. These swept deposits generated fee income of $1.2 million for the quarter ended June 30, 2026.