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Deposits
12 Months Ended
Dec. 31, 2013
Banking and Thrift [Abstract]  
Deposits
Deposits

Deposits outstanding by type of account are summarized as follows:
 
At December 31, 2013
 
At December 31, 2012
 
 
 
Weighted
Rate
 
Interest Rate
Range
 
 
 
Weighted
Rate
 
Interest Rate
Range
Checking Accounts
$
136,695,876

 
0.04
%
 
0.00-0.15%
 
$
126,740,707

 
0.06
%
 
0.00-0.20%
Money Market Accounts
240,631,708

 
0.28
%
 
0.10-0.30%
 
234,382,412

 
0.38
%
 
0.20-0.40%
Statement Savings
Accounts
24,485,648

 
0.10
%
 
 
0.00-0.10%
 
22,411,240

 
0.20
%
 
 
0.00-0.20%
Total
$
401,813,232

 
0.19
%
 
0.00-0.30%
 
$
383,534,359

 
0.26
%
 
0.00-0.40%
 
 
 
 
 
 
 
 
 
 
 
 
Certificate Accounts:
 
 
 
 
 
 
 
 
 
 
 
0.00 – 1.99%
226,750,180

 
 
 
 
 
255,422,955

 
 
 
 
2.00 – 2.99%
28,848,252

 
 
 
 
 
32,975,486

 
 
 
 
3.00 – 3.99%
1,285,108

 
 
 
 
 
2,380,728

 
 
 
 
4.00 – 4.99%

 
 
 
 
 
1,523,474

 
 
 
 
5.00 – 5.99%

 
 
 
 
 
501,651

 
 
 
 
Total
256,883,540

 
0.83
%
 
0.05-3.25%
 
292,804,294

 
1.11
%
 
0.15-5.22%
Total Deposits
$
658,696,772

 
0.44
%
 
0.00-3.25%
 
$
676,338,653

 
0.63
%
 
0.00-5.22%


Included in the certificates above were $25.6 million and $22.6 million in brokered deposits at December 31, 2013 and 2012, respectively, with a weighted average interest rate of 1.23% and 1.47%, respectively. Of the brokered deposits at December 31, 2013, $2.5 million mature within one year.

The aggregate amount of certificates of deposit with a minimum denomination of $100,000 was $129.9 million and $139.9 million at December 31, 2013 and 2012, respectively.

The amounts and scheduled maturities of all certificates of deposit are as follows:
 
December 31,
 
December 31,
 
2013
 
2012
Within 1 Year
$
163,680,585

 
$
182,062,395

After 1 Year, Within 2 Years
45,089,513

 
55,389,195

After 2 Years, Within 3 Years
22,483,793

 
22,172,081

After 3 Years, Within 4 Years
8,996,498

 
24,584,913

After 4 Years, Within 5 Years
16,633,151

 
8,595,710

Thereafter

 

 
$
256,883,540

 
$
292,804,294



At December 31, 2013 and 2012, the Bank has $133,000 and $72,000, respectively, in overdrafts that were reclassified to loans.