NOTE 9. DEPOSITS

The following is a summary of interest bearing deposits by type as of September 30, 2011 and 2010 and December 31, 2010:

	September 30,		December 31,		September 30,
Dollars in thousands	2011		2010		2010
Demand deposits, interest bearing	$	163,840	$	150,291	$	152,393
Savings deposits		208,030		177,053		182,284
Retail time deposits		404,363		404,704		375,953
Wholesale deposits		185,670		230,287		243,040
Total	$	961,903	$	962,335	$	953,670

Brokered deposits represent certificates of deposit acquired through a third party. The following is a summary of the maturity distribution of all certificates of deposit in denominations of $100,000 or more as of September 30, 2011:

Dollars in thousands	Amount		Percent
Three months or less	$	66,640		17.3	%
Three through six months		29,756		7.7	%
Six through twelve months		42,337		11.0	%
Over twelve months		246,861		64.0	%
Total	$	385,594		100.0	%

A summary of the scheduled maturities for all time deposits as of September 30, 2011 is as follows:

Dollars in thousands
Three month period ending December 31, 2011	$	109,918
Year ending December 31, 2012		188,486
Year ending December 31, 2013		99,520
Year ending December 31, 2014		46,899
Year ending December 31, 2015		49,687
Thereafter		95,523
	$	590,033