Deposits

6 Months Ended

Jun. 30, 2012

Deposits [Abstract]

Deposits

NOTE 9. DEPOSITS

The following is a summary of interest bearing deposits by type as of June 30, 2012 and 2011 and December 31, 2011:

		June 30,		December 31,		June 30,
Dollars in thousands		2012		2011		2011
Demand deposits, interest bearing	$	164,868	$	158,483	$	150,004
Savings deposits		204,509		208,809		212,745
Retail time deposits		301,865		328,082		401,599
Wholesale deposits		234,256		232,471		195,782
Total	$	905,498	$	927,845	$	960,130

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 June 30, 2012 is as follows:

Dollars in thousands
Six month period ending December 31, 2012	$	121,663
Year ending December 31, 2013		161,769
Year ending December 31, 2014		56,747
Year ending December 31, 2015		54,873
Year ending December 31, 2016		72,163
Thereafter		68,906
	$	536,121

The following is a summary of the maturity distribution of all certificates of deposit in denominations of $100,000 or more as of June 30, 2012:

Dollars in thousands		Amount	Percent
Three months or less	$	30,193	8.2	%
Three through six months		46,319	12.6	%
Six through twelve months		46,751	12.7	%
Over twelve months		244,596	66.5	%
Total	$	367,859	100.0	%