v3.26.1
Deposits
6 Months Ended
Jun. 30, 2026
Deposits [Abstract]  
Deposits

9.        Deposits

 

Deposits by major classifications are summarized as follows at June 30, 2026 and December 31, 2025 (in thousands):

 

    2026   2025
    $   $
         
Non-interest bearing demand     706,839       649,090  
Interest-bearing demand     396,075       375,938  
Money market deposit accounts     177,819       162,715  
Savings accounts     311,547       283,207  
Time deposits $250,000 or less     342,930       333,522  
Time deposits over $250,000     81,758       68,889  
Total deposits     2,016,968       1,873,361  

 

At June 30, 2026, the scheduled maturities of time deposits are as follows (in thousands):

 

2026 (6 months remaining)     284,247  
2027     132,764  
2028     2,649  
2029     2,207  
2030     1,946  
2031     875  
Total     424,688  

 

At June 30, 2026, the Bank held $3,749,000 in brokered time deposits compared to $68,042,000 as of December 31, 2025. The brokered time deposits may be called by the Corporation with no penalty, other than the acceleration of the recognition of the premium recorded on them, which totaled $1,000 at June 30, 2026, and $330,000 at December 31, 2025.