Deposits

3 Months Ended

Mar. 31, 2012

Deposits [Abstract]

Deposits

NOTE 9. DEPOSITS

The following is a summary of interest bearing deposits by type as of March 31, 2012 and 2011 and December 31, 2011:

		March 31,		December 31,		March 31,
Dollars in thousands		2012		2011		2011
Demand deposits, interest bearing	$	172,506	$	158,483	$	153,283
Savings deposits		212,402		208,809		212,502
Retail time deposits		312,459		328,082		363,712
Wholesale deposits		225,856		232,471		245,887
Total	$	923,223	$	927,845	$	975,384

Wholesale deposits represent certificates of deposit acquired through a third party or bulletin board listing services on the internet.

A summary of the scheduled maturities for all time deposits as of March 31, 2012 is as follows:

Dollars in thousands
Nine month period ending December 31, 2012	$	168,446
Year ending December 31, 2013		131,357
Year ending December 31, 2014		52,088
Year ending December 31, 2015		53,098
Year ending December 31, 2016		78,943
Thereafter		54,383
	$	538,315

The following is a summary of the maturity distribution of all certificates of deposit in denominations of $100,000 or more as of March 31, 2012:

Dollars in thousands		Amount	Percent
Three months or less	$	37,350	10.2	%
Three through six months		19,854	5.4	%
Six through twelve months		61,822	16.9	%
Over twelve months		247,168	67.5	%
Total	$	366,194	100.0	%