NOTE 8 - DEPOSITS

12 Months Ended

Dec. 31, 2012

Deposit Liabilities Disclosures [Text Block]

8. DEPOSITS

The aggregate amount of time certificates of deposit in denominations of $100,000 or more was $82,036,000 and $96,897,000 at December 31, 2012 and 2011, respectively. Interest expense incurred on such time certificates of deposit was $805,000, $1,245,000 and $2,250,000 for the years ended December 31, 2012, 2011 and 2010. At December 31, 2012, the scheduled maturities of all time deposits were as follows (in thousands):

Years	Amount
2013	$	121,156
2014		41,886
2015		5,271
2016		4,063
	$	172,376