NOTE 5 – DEPOSITS

Deposits at year-end are summarized as follows:


	December 31, 2013					December 31, 2012					Percent Increase
	Balance		%			Balance		%			(Decrease)
Noninterest-bearing demand	$	224,580,000		20.1	%	$	190,241,000		16.8	%		18.1	%
Interest-bearing checking		197,388,000		17.6			188,057,000		16.5			5.0
Money market		133,369,000		11.9			144,479,000		12.7			(7.7	)
Savings		52,606,000		4.7			56,454,000		5.0			(6.8	)
Time, under $100,000		43,251,000		3.9			51,730,000		4.6			(16.4	)
Time, $100,000 and over		254,600,000		22.8			234,430,000		20.6			8.6

		905,794,000		81.0			865,391,000		76.2			4.7
Out-of-area interest-bearing checking		0		NA			21,967,000		1.9			NM
Out-of-area time, under $100,000		4,078,000		0.4			7,706,000		0.7			(47.1	)
Out-of-area time, $100,000 and over		209,039,000		18.6			240,140,000		21.2			(13.0	)

		213,117,000		19.0			269,813,000		23.8			(21.0	)

Total deposits	$	1,118,911,000		100.0	%	$	1,135,204,000		100.0	%		(1.4	%)

Out-of-area certificates of deposit consist of certificates obtained from depositors outside of our primary market areas almost exclusively through deposit brokers.

The following table depicts the maturity distribution for certificates of deposit at year-end:


	2013		2012
In one year or less	$	213,454,000	$	246,630,000
In one to two years		80,138,000		61,004,000
In two to three years		73,271,000		67,635,000
In three to four years		95,979,000		63,894,000
In four to five years		48,126,000		94,843,000

Total certificates of deposit	$	510,968,000	$	534,006,000

The following table depicts the maturity distribution for certificates of deposit with balances of $100,000 or more at year-end:


	2013		2012
Up to three months	$	57,469,000	$	100,460,000
Three months to six months		41,237,000		51,762,000
Six months to twelve months		93,920,000		64,633,000
Over twelve months		271,013,000		257,715,000

Total certificates of deposit	$	463,639,000	$	474,570,000