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5. Time Deposits
12 Months Ended
Dec. 31, 2012
Banking and Thrift [Abstract]  
Time Deposits

(5) Time Deposits

 

At December 31, 2012, the scheduled maturities of time deposits are as follows:

 

(Dollars in thousands)      
       
2013   $ 157,707  
2014     33,579  
2015     36,066  
2016     10,269  
2017 and thereafter     10,603  
         
Total   $ 248,224  

 

At December 31, 2012 and 2011, the Company had approximately $21.4 million and $47.0 million, respectively, in time deposits purchased through third party brokers, including certificates of deposit participated through the Certificate of Deposit Account Registry Service (“CDARS”) on behalf of local customers.  CDARS balances totaled $20.1 million and $28.6 million as of December 31, 2012 and 2011, respectively.  The weighted average rate of brokered deposits as of December 31, 2012 and 2011 was 0.29% and 0.99%, respectively.