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Deposits (Tables)
3 Months Ended
Mar. 31, 2013
Summary of Composition of Deposits

The following table summarizes the composition of deposits at the dates indicated (in thousands).

 

     March 31,      December 31,  
     2013      2012  

Transaction deposits

   $ 498,415       $ 483,844   

Money market deposits

     136,938         129,708   

Savings deposits

     73,303         70,646   

Time deposits $100,000 and greater

     126,092         179,242   

Time deposits less than $100,000

     137,448         159,802   
  

 

 

    

 

 

 

Total deposits

   $ 972,196       $ 1,023,242   
  

 

 

    

 

 

 
Summary of Interest Expense on Deposits

The following table summarizes interest expense on deposits for the periods indicated (in thousands).

 

    

For the three months

ended March 31,

 
     2013      2012  

Transaction deposit accounts

   $ 9       $ 11   

Money market deposit accounts

     8         19   

Savings deposit accounts

     2         2   

Time deposit accounts

     876         1,361   
  

 

 

    

 

 

 

Total interest expense on deposits

   $ 895       $ 1,393