DEPOSITS

Deposits are summarized as follows:



December 31,	2011		2010
Non-interest bearing demand	$	1,271,709	$	1,063,869
Interest bearing:
Demand	1,306,509		1,218,078
Savings	1,691,413		1,718,521
Time, $100 and over	681,047		908,044
Time, other	876,293		1,017,201
Total interest bearing	4,555,262		4,861,844
Total deposits	$	5,826,971	$	5,925,713

The Company had no brokered time deposits as of December 31, 2011 and 2010.

Other time deposits include deposits obtained through the Company’s participation in the Certificate of Deposit Account Registry Service (“CDARS”). CDARS deposits totaled $98,331 and $139,431 as of December 31, 2011 and 2010, respectively.

Maturities of time deposits at December 31, 2011 are as follows:



	Time, $100 and Over		Total Time
2012	$	519,550	$	1,152,712
2013	95,794		232,999
2014	22,571		60,102
2015	19,140		53,898
2016	23,992		57,540
Thereafter	—		89
Total	$	681,047	$	1,557,340

Interest expense on time deposits of $100 or more was $10,377, $18,595 and $25,212 for the years ended December 31, 2011, 2010 and 2009, respectively.