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Deposits

12 Months Ended

Dec. 31, 2014

Deposits Disclosure [Abstract]

NOTE 7 – Deposits

The following is a detail of the deposit accounts:


					December 31,
(dollars in thousands)		2014			2013
Non-interest bearing		$	139,902		101,971
Interest bearing:
NOW accounts			149,137		153,376
Money market accounts			224,733		151,759
Savings			8,664		6,671
Time, less than $100,000			62,646		68,190
Time, $100,000 and over			203,825		198,352
Total deposits		$	788,907		680,319

At December 31, 2014 and 2013, time deposits greater $250,000 were $121.8 million and $113.7 million, respectively.

Also, at December 31, 2014 and 2013, the Company had approximately $60.0 million and $63.3 million, respectively, of time deposits that were obtained outside of the Company’s primary market. Interest expense on time deposits greater than $100,000 was $1.5 million, $1.5 million, and $2.0 million for the years ended December 31, 2014, 2013, and 2012, respectively.

At December 31, 2014 the scheduled maturities of certificates of deposit are as follows:


(dollars in thousands)
2015	$	191,415
2016		49,138
2017		9,900
2018		12,152
2019 and after		3,866
	$	266,471

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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