Deposits

9 Months Ended

Sep. 30, 2012

Deposits [Abstract]

Deposits

NOTE 9. DEPOSITS

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

		September 30,		December 31,		September 30,
Dollars in thousands		2012		2011		2011
Demand deposits, interest bearing	$	177,236	$	158,483	$	163,840
Savings deposits		197,610		208,809		208,030
Retail time deposits		294,945		328,082		404,363
Wholesale deposits		260,752		232,471		185,670
Total	$	930,543	$	927,845	$	961,903

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 September 30, 2012 is as follows:

Dollars in thousands
Three month period ending December 31, 2012	$	82,053
Year ending December 31, 2013		181,605
Year ending December 31, 2014		71,313
Year ending December 31, 2015		59,922
Year ending December 31, 2016		79,006
Thereafter		81,798
	$	555,697

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, 2012:

Dollars in thousands		Amount	Percent
Three months or less	$	57,004	14.6	%
Three through six months		21,562	5.5	%
Six through twelve months		60,448	15.4	%
Over twelve months		252,513	64.5	%
Total	$	391,527	100.0	%