XML 64 R14.htm IDEA: XBRL DOCUMENT

DEPOSITS

6 Months Ended

Jun. 30, 2012

Deposit Liabilities Disclosures [Text Block]

DEPOSITS

The components of the outstanding deposit balances at June 30, 2012 and December 31, 2011 were as follows:

	June 30,		December 31,
	2012		2011
Non-interest-bearing DDA	$	35,565,711	$	33,281,198
Interest-bearing DDA		21,387,359		19,432,618
Money market		17,981,961		18,468,540
Savings		9,545,451		8,477,893
Time, under $100,000		89,023,531		95,211,768
Time, over $100,000		10,114,195		16,673,219
Total Deposits	$	183,618,208	$	191,545,236

There were no brokered deposits at June 30, 2012 and $3,462,000 at December 31, 2011. Since the Bank was not categorized as “well capitalized” at June 30, 2012 and is under a Consent Order, a regulatory waiver is required to accept, renew or rollover brokered deposits. The Bank has not issued brokered deposits since January of 2010.

- Definition

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.

+ References+ Details