Quarterly report pursuant to Section 13 or 15(d)

DEPOSITS

v2.4.0.8
DEPOSITS
6 Months Ended
Jun. 30, 2013
DEPOSITS [Abstract]  
DEPOSITS
NOTE 6 – DEPOSITS

Deposits are summarized as follows (in thousands):

 
 
June 30,
2013
   
December 31,
2012
 
Noninterest-bearing demand
 
$
318,981
   
$
339,520
 
Interest bearing demand
   
261,178
     
278,765
 
Savings and money market accounts
   
455,452
     
476,803
 
Certificates of deposit
   
163,967
     
191,173
 
 
 
$
1,199,578
   
$
1,286,261
 

Approximately $58.6 million and $69.2 million in certificates of deposit were in denominations of $100,000 or more at June 30, 2013 and December 31, 2012, respectively.