Note 6. Deposits

Deposits are summarized below at December 31:


In thousands	2011		2010		2009		2008		2007
Non-interest bearing deposits	$	31,586	$	23,760	$	21,024	$	23,599	$	19,246
Interest bearing deposits:
NOW accounts		411		1,279		309		1,247		2,440
Money Market accounts		7,350		8,824		7,841		13,049		16,268
Savings accounts		28,714		22,962		10,379		148		36
Certificates of deposit accounts:
Less than $100,000		78,965		79,209		71,593		37,539		11,383
$100,000 or more		35,582		44,076		67,499		69,659		74,035

Total interest bearing deposits		151,022		156,350		157,621		121,642		104,162

Total deposits	$	182,608	$	180,110	$	178,645	$	145,241	$	123,408

The certificate of deposit accounts mature as follows, in thousands: within one year — $71.7 million; one through three years — $38.2 million; three years and beyond — $4.6 million.

Deposits of executive officers and directors and their affiliated interests totaled approximately $11.8 million and $13 million at December 31, 2011 and 2010, respectively.

Included in certificates of deposits are $35.2 million and $33.1 million of brokered certificates at December 31, 2011 and 2010, respectively. Included in these brokered certificates of deposits at December 31, 2011 are $8.0 million of certificates of deposits received in exchange for the placement of the Bank’s customers’ deposit funds in the same amounts with other financial institutions under the Certificate of Deposit Account Registry Service (CDARS) program. Brokered certificates of deposits in the amount of $16.5 million mature on or before December 31, 2012.

Interest expense on interest bearing deposits is as follows:


In thousands	2011		2010
NOW accounts	$	—	$	1
Money Market accounts		31		35
Savings accounts		268		222
Certificates of deposit, $100,000 or more		552		1,217
Certificates of deposit, less than $100,00		1,235		1,655

	$	2,086	$	3,130