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10. Deposits

12 Months Ended

Dec. 31, 2013

The following is a summary of interest bearing deposits by type as of December 31, 2013 and 2012:

Dollars in thousands	2013			2012
Demand deposits, interest bearing	$	186,578		$	175,706
Savings deposits		193,446			193,039
Time deposits		530,951			557,788
Total	$	910,975		$	926,533

Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $143.3 million and $190.4 million at December 31, 2013 and 2012, respectively.

A summary of the scheduled maturities for all time deposits as of December 31, 2013, follows:

Dollars in thousands	Amount
2014	$	203,906
2015		82,956
2016		100,006
2017		35,314
2018		42,899
Thereafter		65,870
Total	$	530,951

Time certificates of deposit in denominations of $100,000 or more totaled $391.8 million and $397.2 million at December 31, 2013 and 2012, respectively. The following is a summary of the maturity distribution of these deposits as of December 31, 2013:

Dollars in thousands	Amount			Percent
Three months or less	$	29,746		7.6%
Three through six months		46,436		11.9%
Six through twelve months		60,887		15.5%
Over twelve months		254,693		65.0%
Total	$	391,762		100.0%

At December 31, 2013 and 2012, our deposits of related parties including directors, executive officers, and their related interests approximated $13.6 million and $17.5 million, respectively.

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

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