Note 7.

Deposits

Deposits as of December 31, 2013 and 2012 were as follows:

	2013		2012

Demand accounts	$	57,243,718	$	57,049,348
Interest checking accounts		43,690,689		45,861,199
Money market accounts		63,357,096		66,007,160
Savings accounts		20,229,614		20,922,112
Time deposits of $100,000 and over		94,245,516		113,332,481
Other time deposits		111,861,678		133,150,662

Total	$	390,628,311	$	436,322,962

The following are the scheduled maturities of time deposits as of December 31, 2013:

			Greater than
	Less Than		or Equal to
Year Ending December 31,	$100,000		$100,000		Total

2014	$	46,386,723	$	43,790,510	$	90,177,233
2015		23,149,674		16,359,740		39,509,414
2016		23,477,291		21,724,748		45,202,039
2017		7,385,433		6,521,460		13,906,893
2018		11,462,557		5,849,058		17,311,615

	$	111,861,678	$	94,245,516	$	206,107,194

Deposits held at the Company by related parties, which include officers, directors, greater than 5% shareholders and companies in which directors of the board have a significant ownership interest, approximated $8,481,000 and $6,310,000 at December 31, 2013 and 2012, respectively.