DEPOSITS

12 Months Ended

Dec. 31, 2011

Deposits

DEPOSITS

NOTE 8 - DEPOSITS

Scheduled maturities of time certificates of deposit were as follows:

Years ended December 31, (in thousands)	CD maturities
2012	$	60,353
2013		22,036
2014		11,414
2015		5,446
2016		4,454
Total	$	103,703

The total amount and scheduled maturities of time certificates of deposit in denominations of $100,000 or more were as follows:

Years ended December 31, (in thousands)	2011		2010
Less than three months	$	6,973	$	9,067
Within three-to-six months		6,927		15,211
Within six-to-twelve months		7,792		14,633
Over one year		19,251		15,915
Total	$	40,943	$	54,826

Deposit growth resulted primarily from an increase in deposit balances from a single relationship, the Bank’s largest, and which totals $47.4 million, or 10.05% of total deposits at December 31, 2011.