The aggregate amount of time certificates of deposits that meet or exceed the FDIC insurance limit of $250 thousand at June 30, 2026 and December 31, 2025 was $476.9 million and $565.6 million, respectively. At June 30, 2026, certificates of deposit outstanding mature as follows:


(in thousands)	June 30, 2026

Within one year	$	1,898,801
One to two years	30,339
Two to three years	8,196
Three to four years	4,124
Four to five years	3,034
Thereafter	986
Total	$	1,945,480

The Company accepts public deposits from various state, city and municipal agencies. Public deposits totaling $1.4 billion and $1.3 billion are included in demand deposits, interest bearing transaction accounts, savings accounts and time certificates of deposit at June 30, 2026 and December 31, 2025, respectively. As of June 30, 2026, the Company had investment securities with a carrying value of $1.6 billion pledged as collateral for public deposits.

The Company accepts deposits from its Investment Management and Trust Department for the benefit of certain trust customers. In accordance with state trust regulations, the Company is required to secure any trust deposits that are in excess of the $250 thousand FDIC insurance limits by pledging marketable securities equal to those excess deposit balances. As of June 30, 2026 and December 31, 2025, the Company held trust deposits of $801 thousand and $683 thousand, respectively, that were in excess of $250 thousand and which required securities collateralization.