Deposits

12 Months Ended

Dec. 31, 2011

Deposit Liabilities Disclosures [Abstract]

Deposit Liabilities Disclosures [Text Block]

NOTE 9 - DEPOSITS

Information relating to maturities of time deposits as of December 31 is summarized below:

In thousands of dollars	2011		2010
Within one year	$	168,471	$	152,392
Between one and two years		50,150		49,765
Between two and three years		19,923		24,690
Between three and four years		4,351		7,742
Between four and five years		2,380		4,625
Total time deposits	$	245,275	$	239,214
Interest bearing time deposits in denominations of $100,000 or more	$	82,018	$	87,482

- 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.

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