Note 6 - Deposit Liabilities

12 Months Ended

Dec. 31, 2012

Deposit Liabilities Disclosures [Text Block]

6.  Deposit Liabilities

Major classifications of deposits are summarized as follows for the dates indicated:

December 31, (In thousands)	2012		2011
Noninterest Bearing	$	254,912	$	224,259
Interest Bearing
Demand		296,931		261,920
Savings		318,302		301,217
Time		540,665		647,669
Total interest bearing		1,155,898		1,210,806
Total Deposits	$	1,410,810	$	1,435,065

At December 31, 2012 the scheduled maturities of time deposits were as follows:

(In thousands)	Amount
2013	$	323,554
2014		103,341
2015		55,642
2016		35,240
2017		17,816
Thereafter		5,072
Total	$	540,665

Time deposits of $100,000 or more at December 31, 2012 and 2011 were $181 million and $218 million, respectively.  Interest expense on time deposits of $100,000 or more was $2.9 million, $4.5 million, and $7.1 million for 2012, 2011, and 2010, respectively.

Effective in the third quarter 2010, the Federal Deposit Insurance Corporation (“FDIC”) permanently raised its standard maximum insurance amount per depositor from $100,000 to $250,000. At December 31, 2012 and 2011, the Company had $32.2 million and $39.0 million, respectively, of time deposits outstanding in amounts of $250,000 or more.

Deposits from directors, executive officers, and principal shareholders of the Parent Company and its subsidiaries (including deposits from affiliated companies of which they are principal owners) and deposits from members of the immediate family of such persons were $19.1 million at December 31, 2012 and 2011. Such deposits were accepted in the normal course of business on substantially the same terms as those prevailing at the time for comparable transactions with other customers.