DEPOSITS

Deposits are summarized as follows: (dollars in thousands)

	Dec 2011					Dec 2010
	Amount		Weighted Average Rate			Amount		Weighted Average Rate
Non-interest bearing	$	103,864				$	86,425
Checking		222,314		0.63	%		177,613		0.92	%
Savings		52,181		0.10	%		45,764		0.16	%
Money market		222,229		0.44	%		224,382		0.66	%
Total transaction accounts		600,588		0.40	%		534,184		0.60	%
Certificate accounts:
Less than one year		23,173		0.26	%		43,130		0.75	%
12 to 23 months		45,957		0.68	%		59,789		1.20	%
24 to 35 months		115,171		1.36	%		122,896		2.02	%
36 to 59 months		62,526		3.13	%		76,446		3.43	%
60 to 120 months		15,928		3.04	%		16,898		3.83	%
Total certificate accounts		262,755		1.66	%		319,159		2.13	%
Total Deposits	$	863,343		0.79	%	$	853,343		1.17	%

Certificate accounts include certificates of deposit and wholesale deposits. At December 31, 2011 and 2010, certificate accounts in amounts of $100,000 or more totaled $80.0 million and $103.2 million, respectively.

A summary of certificate accounts by scheduled maturities at December 31, 2011 is as follows: (dollars in thousands)

		2012		2013		2014		2015		2016		Thereafter		Total
0.99% or less		$	62,864	$	26,178	$	1,748	$	54	$	5	$	0	$	90,849
1.00% or 1.99%			68,005		25,419		3,757		808		2,598		1,635		102,222
	2.00% to 2.99%		6,204		6,417		28,585		2,081		518		872		44,677
	3.00% to 3.99%		2,077		4,098		432		184		251		0		7,042
	4.00% to 4.99%		16,869		368		302		13		6		5		17,563
Over 5.00%			402		0		0		0		0		0		402
Total Certificate Accounts		$	156,421	$	62,480	$	34,824	$	3,140	$	3,378	$	2,512	$	262,755

A summary of interest expense on deposits is as follows: (dollars in thousands)

	Year Ended Dec 2011		Year Ended Dec 2010
Checking	$	1,365	$	1,836
Savings		69		72
Money market		1,327		1,686
Certificate accounts		5,488		8,635
Total Interest Expense	$	8,249	$	12,229

Aggregate deposits to senior officers and directors included above were $5.0 million and $4.4 million as of December 31, 2011 and 2010, respectively. Such deposits are made in the ordinary course of business and are made on substantially the same terms as those prevailing at the time for comparable transactions with other depositors.