Note 10 - Deposits

12 Months Ended

Dec. 31, 2013

Disclosure Text Block [Abstract]

Deposit Liabilities Disclosures [Text Block]

10.     DEPOSITS

Deposits are summarized as follows at December 31 (in thousands):

	2013		2012
Checking accounts	$	127,764	$	131,826
Money market accounts		45,153		40,818
Savings accounts		30,150		30,664
Certificates of deposit		266,658		251,743
Total	$	469,725	$	455,051

Overdrafts of checking accounts of $188,000 and $238,000 at December 31, 2013 and 2012, respectively, have been reclassified for financial reporting and are reflected in net loans receivable on the consolidated statements of financial condition.

As of December 31, 2013 and 2012, the Bank had $20.7 million and $99,000 of brokered deposits, respectively.

The aggregate amount of time deposits in denominations of $100 thousand or more was approximately $138.6 million and $96.4 million at December 31, 2013 and 2012, respectively.

At December 31, 2013, scheduled maturities of certificates of deposit were as follows (in thousands):

Years Ending December 31	Amount
2014	$	101,171
2015		46,055
2016		30,568
2017		31,726
2018		31,348
2019 and thereafter		25,790
Total	$	266,658

Interest expense on deposits consisted of the following (in thousands):

	Year Ended December 31
	2013			2012
Interest bearing checking accounts	$	280		$	266
Money market accounts		107			124
Savings and certificate accounts		3,000			3,988
Early withdrawal penalties		(48	)		(56	)
Total	$	3,339		$	4,322

FDIC insurance covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.