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Deposits (Tables)
12 Months Ended
Dec. 31, 2012
Deposits [Abstract]  
Schedule of Components of Deposits Liabilities
The components of deposits and applicable yields as of December 31, 2012 and 2011, are as follows (in thousands):
 
 
December 31,
 
 
2012

 
2011

Non-interest bearing demand accounts
 
$
254,979

 
$
190,075

Interest bearing demand accounts 0.0% to 1.15%
 
99,623

 
—

NOW accounts
 
—

 
107,476

Money market 0.0% to 4.07%
 
213,155

 
201,237

Savings and IRA 0.0% to 4.91%
 
75,788

 
73,493

 
 
643,545

 
572,281

Certificate of deposit accounts:
 
 

 
 
Up to 1.99%
 
74,243

 
123,112

2.00% to 2.99%
 
25,110

 
27,657

3.00% to 3.99%
 
5,545

 
4,305

4.00% to 4.99%
 
491

 
1,933

5.00% to 5.99%
 
—

 
85

 
 
105,389

 
157,092

Total deposits
 
$
748,934

 
$
729,373


Schedule of Maturities of Certificate of Deposits
At December 31, 2012, the scheduled maturities of certificate of deposit accounts are as follows (in thousands):
 
 
Weighted Average
 
 
Year Ending December 31,
 
Interest Rate
 
Amounts
2013
 
0.78
%
 
$
57,123

2014
 
1.48
%
 
16,981

2015
 
1.79
%
 
9,293

2016
 
2.25
%
 
16,391

2017
 
1.30
%
 
5,601

 
 
 

 
$
105,389


At December 31, 2012, the remaining maturities of certificate of deposit accounts with a minimum balance of $100,000 were as follows (in thousands):
 
Amounts
Less than three months
$
13,786

Three to six months
9,348

Six to twelve months
8,654

Over twelve months
30,246

 
$
62,034

Interest Expense On Deposit
The components of interest expense associated with deposits were as follows (in thousands):
 
 
Years Ended December 31,
 
 
2012

 
2011

 
2010

Interest bearing demand accounts
 
$
42

 
$
3

 
$
—

NOW accounts
 
66

 
184

 
499

Money market
 
757

 
1,126

 
1,935

Savings and IRA accounts
 
315

 
407

 
551

Certificate of deposit accounts
 
1,822

 
2,688

 
4,761

 
 
$
3,002

 
$
4,408

 
$
7,746