Quarterly report pursuant to Section 13 or 15(d)

DEPOSITS

v2.4.0.8
DEPOSITS
6 Months Ended
Jun. 30, 2014
DEPOSITS [Abstract]  
DEPOSITS
NOTE 6 – DEPOSITS

Deposits are summarized as follows (in thousands):

 
 
June 30,
   
December 31,
 
 
 
2014
   
2013
 
Noninterest-bearing demand
 
$
383,102
   
$
344,550
 
Interest bearing demand
   
259,449
     
287,417
 
Savings and money market accounts
   
441,046
     
469,542
 
Certificates of deposit
   
132,127
     
148,225
 
 
 
$
1,215,724
   
$
1,249,734
 

Approximately $51.2 million and $56.7 million in certificates of deposit were in denominations of $100,000 or more at June 30, 2014 and December 31, 2013, respectively.