Time Certificates of Deposit

9 Months Ended

Sep. 30, 2012

Deposit Liabilities Disclosures [Text Block]

Time Certificates of Deposit

Scheduled maturities and weighted average interest rates paid on time certificates of deposit outstanding at September 30, 2012 were as follows:



(Dollars in thousands)	Scheduled Maturity		Weighted Average Rate
October 1, 2012 through December 31, 2012		$266,419	0.47	%
2013	287,921		1.30	%
2014	144,910		1.82	%
2015	91,744		2.54	%
2016	69,545		1.82	%
2017 and after	26,433		1.76	%
		$886,972

The aggregate amount of time certificates of deposit in denominations of $100 thousand or more was $445.8 million at September 30, 2012. The following table represents the amount of certificates of deposit of $100 thousand or more at September 30, 2012 maturing during the periods indicated:



(Dollars in thousands)	Scheduled Maturity
October 1, 2012 to December 31, 2012		$204,833
January 1, 2013 to March 31, 2013	56,292
April 1, 2013 to September 30, 2013	49,782
October 1, 2013 and beyond	134,873
		$445,780

- 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.

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