Quarterly report pursuant to Section 13 or 15(d)

DEPOSITS

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DEPOSITS
6 Months Ended
Jun. 30, 2015
DEPOSITS [Abstract]  
DEPOSITS
NOTE 6 – DEPOSITS

Deposits are summarized as follows (in thousands):

   
June 30,
2015
   
December 31,
2014
 
Noninterest-bearing demand
 
$
389,828
   
$
404,143
 
Interest bearing demand
   
348,490
     
340,053
 
Savings and money market accounts
   
490,258
     
442,246
 
Certificates of deposit
   
99,237
     
119,883
 
   
$
1,327,813
   
$
1,306,325
 

Approximately $37.8 million and $50.1 million in certificates of deposit were in denominations of $100,000 or more at June 30, 2015 and December 31, 2014, respectively.