Deposits

12 Months Ended

Dec. 31, 2011

Deposits

Deposits

(7) Deposits

        Time deposits of $100,000 and over, including deposits within the Certificate of Deposit Account Registry Service ("CDARS") and brokered deposits of $100,000 and over, were $259,454,000 and $252,913,000 at December 31, 2011 and 2010, respectively. The following table presents the scheduled maturities of time deposits, including brokered deposits for the next five years:

	December 31, 2011
	(Dollars in thousands)
2012	$	197,967
2013		58,298
2014		31,078
2015		163
2016		1,022
Total	$	288,528

        At December 31, 2011, the Company had securities pledged with a fair value of $56,610,000 for $50,000,000 in certificates of deposits from the State of California. There were no certificates of deposit from the State of California at December 31, 2010.

        As of December 31, 2011, CDARS deposits decreased to $6,371,000 compared to $17,864,000 at December 31, 2010. The CDARS program allows customers with deposits in excess of FDIC-insured limits to obtain full coverage on time deposits through a network of banks within the CDARS program. Deposits gathered through these programs are considered brokered deposits under current regulatory reporting guidelines.

        At December 31, 2011, brokered deposits decreased 14%, to $84,726,000, compared to $98,467,000 at December 31, 2010.

        Deposits from executive officers, directors, and their affiliates were $3,602,000 and $1,482,000 at December 31, 2011 and 2010, respectively.