Note 10. DEPOSITS

The following table summarizes deposits at December 31, 2012 and 2011:

	December 31,
(in thousands)	2012		2011
Demand	$	131,476	$	124,733
Interest-bearing demand	321,863		336,182
Savings	83,101		87,712
Time ($100,000 and over)	144,844		199,790
Other time	173,329		208,719
Total	$	854,613	$	957,136

The Company had brokered deposits (classified as time and other time in the above table) of $15.7 million and $30.7 million, at December 31, 2012 and 2011, respectively.

The following table summarizes scheduled maturities of time deposits, including certificates of deposit and individual retirement accounts, at December 31, 2012:

	Time Deposits
	$100,000		Other
(in thousands)	and Over		Time Deposits		Total
2013	$	85,100	$	89,392	$	174,492
2014	32,475		25,854		58,329
2015	21,914		22,596		44,510
2016	4,133		19,206		23,339
2017	1,119		5,782		6,901
2018 and Thereafter	103		10,499		10,602
Total	$	144,844	$	173,329	$	318,173

Investment securities with a carrying value of $185.0 million and $150.8 million at December 31, 2012 and 2011, respectively, were pledged to collateralize certain municipal deposits. At December 31, 2011, the Company had also pledged a $30 million letter of credit to collateralize certain deposits. The Company had no letters of credit pledged at December 31, 2012.