NOTE 7 – DEPOSITS

A summary of deposits at March 31, 2015 and December 31, 2014 consisted of the following:

	March 31, 2015					December 31, 2014
(Dollars in thousands)	Amount		Percent			Amount		Percent
Noninterest bearing demand deposits	$	70,413		18.6	%	$	68,957		18.5	%
Interest bearing deposits
Now accounts and money market accounts		52,669		13.9	%		50,738		13.6	%
Savings accounts		109,635		28.9	%		108,488		29.0	%
Certificates of deposit		146,267		38.6	%		145,276		38.9	%
Total interest bearing deposits		308,571		81.4	%		304,502		81.5	%
Total deposits	$	378,984		100.0	%	$	373,459		100.0	%

Scheduled maturities of certificates of deposit are as follows:

(In thousands)	At March 31, 2015		At December 31, 2014
Through twelve months	$	55,207	$	56,895
Twelve months through three years		53,634		55,962
Over three years		37,426		32,419
	$	146,267	$	145,276

The aggregate amount of individual certificate of deposit accounts of $100,000 or more at March 31, 2015 and December 31, 2014 was $62.8 million and $60.7 million, respectively. Deposits up to $250,000 are federally insured through the Federal Deposit Insurance Corporation (“FDIC”). The aggregate amount of individual certificate of deposit accounts of $250,000 or more at March 31, 2015 and December 31, 2014 was $15.3 million and $13.2 million, respectively.