Note 6 - Deposit Liabilities

12 Months Ended

Dec. 31, 2011

Deposit Liabilities Disclosures [Text Block]

6.  Deposit Liabilities

At December 31, 2011 the scheduled maturities of time deposits were as follows.

(In thousands)	Amount
2012	$	408,563
2013		139,559
2014		52,408
2015		26,873
2016		10,802
Thereafter		9,464
Total	$	647,669

Time deposits of $100,000 or more at December 31, 2011 and 2010 were $218 million and $241 million, respectively.  Interest expense on time deposits of $100,000 or more was $4.5 million, $7.1 million, and $11.2 million for 2011, 2010, and 2009, respectively.

Effective in the third quarter 2010, the Federal Deposit Insurance Corporation (“FDIC”) permanently raised its standard maximum insurance amount per depositor from $100,000 to $250,000. At December 31, 2011 and 2010, the Company had $39.0 million and $44.8 million, respectively, of time deposits outstanding in amounts of $250,000 or more.

Deposits from directors, executive officers, and principal shareholders (including deposits from affiliated companies of which they are principal owners) and deposits from members of the immediate family of such persons were $19.1 million and $19.2 million at December 31, 2011 and 2010, respectively. Such deposits were accepted in the normal course of business on substantially the same terms as those prevailing at the time for comparable transactions with other customers.