Deposits

12 Months Ended

Dec. 31, 2012

Deposits [Abstract]

Deposits Disclosures [Text Block]

10. Deposits

The following table summarizes the Corporation’s deposits as of December 31:

(Dollar amounts in thousands)	2012								2011
	Weighted								Weighted
Type of accounts	average rate			Amount		%			average rate			Amount		%
Non-interest bearing deposits		-		$	98,559		22.8	%		-		$	84,871		20.4	%
Interest bearing demand deposits		0.15	%		201,919		46.7	%		0.19	%		186,107		44.7	%
Time deposits		2.63	%		131,981		30.5	%		2.98	%		145,490		34.9	%
		0.87	%	$	432,459		100.0	%		1.13	%	$	416,468		100.0	%

Scheduled maturities of time deposits for the next five years are as follows:

(Dollar amounts in thousands)	Amount		%
2013	$	57,294		43.4	%
2014		23,018		17.4	%
2015		13,941		10.6	%
2016		15,172		11.5	%
2017		5,918		4.5	%
Thereafter		16,638		12.6	%
	$	131,981		100.0	%

The Corporation had a total of $51.5 million and $54.5 million in time deposits of $100,000 or more at December 31, 2012 and 2011, respectively. Scheduled maturities of time deposits of $100,000 or more at December 31, 2012 are as follows:

(Dollar amounts in thousands)	Amount
Less than three months	$	5,467
Over three months to six months		4,101
Over six months to twelve months		12,046
Over twelve months		29,905
	$	51,519