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Deposits
12 Months Ended
Dec. 31, 2014
Banking and Thrift [Abstract]  
Deposits
DEPOSITS
 
Interest-bearing deposits consisted of the following (in thousands):
 
 
December 31,
 
 
2014
 
2013
Savings
 
$
71,381

 
$
61,918

Money market
 
228,268

 
234,515

NOW accounts
 
209,781

 
182,364

Time, $250,000 or more
 
45,792

 
52,598

Time, under $250,000
 
107,528

 
116,356

 
 
$
662,750

 
$
647,751



Aggregate annual maturities of time deposits are as follows (in thousands):
Years Ending December 31,
 
 
2015
 
$
125,999

2016
 
8,586

2017
 
12,265

2018
 
4,352

2019
 
1,760

Thereafter
 
358

 
 
$
153,320


 
Interest expense recognized on interest-bearing deposits consisted of the following (in thousands):
 
 
Years Ended December 31,
 
 
2014
 
2013
 
2012
Savings
 
$
32

 
$
40

 
$
32

Money market
 
174

 
229

 
392

NOW accounts
 
209

 
251

 
270

Time certificates of deposit
 
645

 
750

 
936

 
 
$
1,060

 
$
1,270

 
$
1,630