Quarterly report pursuant to Section 13 or 15(d)

DEPOSITS

v2.4.0.6
DEPOSITS
9 Months Ended
Sep. 30, 2012
DEPOSITS [Abstract]  
DEPOSITS
NOTE 6 – DEPOSITS
 
Deposits are summarized as follows (in thousands):
 
 
September 30,
2012
 
 
December 31,
2011
 
Noninterest-bearing demand
 
$
348,120
 
 
$
324,253
 
Interest bearing demand
 
 
241,115
 
 
 
204,402
 
Savings and money market accounts
 
 
433,305
 
 
 
381,498
 
Certificates of deposit
 
 
222,208
 
 
 
305,136
 
 
 
$
1,244,748
 
 
$
1,215,289
 
 
Approximately $79.9 million and $106.3 million in certificates of deposit were in denominations of $100,000 or more at September 30, 2012 and December 31, 2011, respectively.
 
The Bank had no brokered deposits at September 30, 2012 and December 31, 2011.