NOTE 10. DEPOSITS

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


Dollars in thousands		2011		2010
Demand deposits, interest bearing	$	158,483	$	150,291
Savings deposits		208,809		177,053
Retail time deposits		391,338		404,704
Brokered deposits		169,215		230,287
Total	$	927,845	$	962,335

Time certificates of deposit and Individual Retirement Account's (IRA's) in denominations of $100,000 or more totaled $374,450,000 and $412,936,000 at December 31, 2011 and 2010, respectively.

Included in certificates of deposits are brokered certificates of deposit, which totaled $169,215,000 and $230,287,000 at December 31, 2011 and 2010, respectively. Brokered deposits represent certificates of deposit acquired through a third party. The following is a summary of the maturity distribution of certificates of deposit and IRA's in denominations of $100,000 or more as of December 31, 2011:


Dollars in thousands		Amount	Percent
Three months or less	$	37,645	10.1	%
Three through six months		26,090	7.0	%
Six through twelve months		58,226	15.5	%
Over twelve months		252,489	67.4	%
Total	$	374,450	100.0	%

A summary of the scheduled maturities for all time deposits as of December 31, 2011, follows:


Dollars in thousands		Amount
2012	$	228,015
2013		109,268
2014		48,523
2015		56,094
2016		75,717
Thereafter		42,936
Total	$	560,553

At December 31, 2011 and 2010, our deposits of related parties including directors, executive officers, and their related interests approximated $20,936,000 and $10,907,000, respectively.