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DEPOSITS

12 Months Ended

Dec. 31, 2012

Deposits [Abstract]

Note 9 – Deposits

The following table presents the composition of deposits at December 31 for the years indicated:

(In thousands)		2012				2011
Noninterest-bearing deposits		$	847,415			$	650,377
Interest-bearing deposits:
Demand			428,048				367,682
Money market savings			884,367				858,732
Regular savings			228,384				195,408
Time deposits of less than $100,000			307,445				316,058
Time deposits of $100,000 or more			217,375				268,263
Total interest-bearing deposits			2,065,619				2,006,143
Total deposits		$	2,913,034			$	2,656,520

Demand deposit overdrafts reclassified as loan balances were $2.0 million and $1.0 million at December 31, 2012 and 2011, respectively. Overdraft charge-offs and recoveries are reflected in the allowance for loan and lease losses.

The following table presents the maturity schedule for time deposits maturing within years ending December 31:

(In thousands)		Amount
2013		$	332,369
2014			130,585
2015			24,569
2016			17,177
2017			20,120
Total time deposits		$	524,820

The Company's time deposits of $100,000 or more represented 7.5% of total deposits at December 31, 2012 and are presented by maturity in the following table:

		3 or				Over 3				Over 6				Over
(In thousands)		Less				to 6				to 12				12				Total
Time deposits--$100 thousand or more		$	38,204			$	35,670			$	54,110			$	89,391			$	217,375

Interest expense on time deposits of $100,000 or more amounted to $2.4 million, $3.3 million and $5.2 million for the years ended December 31, 2012, 2011 and 2010, respectively.

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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