XML 49 R16.htm IDEA: XBRL DOCUMENT

DEPOSITS

12 Months Ended

Dec. 31, 2011

NOTE 8 – DEPOSITS

A summary of interest expense on deposits for the years ended December 31 follows:

	2011		2010		2009
	(In thousands)
Savings and interest bearing checking	$	2,263	$	2,829	$	5,751
Time deposits under $100,000		10,349		22,204		25,202
Time deposits of $100,000 or more		2,645		3,131		4,452
Total	$	15,257	$	28,164	$	35,405

Aggregate time deposits in denominations of $100,000 or more amounted to $188.6 million and $166.1 million at December 31, 2011 and 2010, respectively.

A summary of the maturity of time deposits at December 31, 2011, follows:

	(In thousands)

2012	$	357,403
2013		113,918
2014		40,419
2015		28,941
2016		27,342
2017 and thereafter		781
Total	$	568,804

Time deposits acquired through broker relationships totaled $42.3 million and $273.5 million at December 31, 2011 and 2010, respectively.

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References+ Details