9.	*Deposits*

Composition

The following table summarizes the composition of deposits at the dates indicated (in thousands).


	June 30, 2011		December 31, 2010
Transaction deposit accounts	$	441,883	$	434,108
Money market deposit accounts		119,356		143,143
Savings deposit accounts		57,668		49,472
Time deposit accounts $100,000 and greater		247,818		247,169
Time deposit accounts less than $100,000		259,819		299,470

Total deposits	$	1,126,544	$	1,173,362

At June 30, 2011 and December 31, 2010, $707 thousand and $692 thousand, respectively, of overdrawn transaction deposit accounts were reclassified to loans. The Company had no brokered deposits at June 30, 2011 or December 31, 2010.

Interest Expense on Deposit Accounts

The following table summarizes interest expense on deposits for the periods indicated (in thousands).


	For the three months				For the six months
	ended June 30,				ended June 30,
	2011		2010		2011		2010
Transaction deposit accounts	$	34	$	67	$	83	$	128
Money market deposit accounts		52		174		132		334
Savings deposit accounts		11		37		27		69
Time deposit accounts		2,427		2,996		4,958		6,306

Total interest expense on total deposits	$	2,524	$	3,274	$	5,200	$	6,837