XML 87 R15.htm IDEA: XBRL DOCUMENT

Note 7 - Deposits

12 Months Ended

Dec. 31, 2014

Disclosure Text Block [Abstract]

Deposit Liabilities Disclosures [Text Block]

Note 7 .

Deposits

At December 31, 2014 and 2013, deposits consisted of the following:

						Weighted								Weighted
						Average								Average
(dollars in thousands)		2014				Interest Rate				2013				Interest Rate

Non-interest bearing		$	63,398				-			$	55,358				-

Interest bearing
NOW			26,269				0.01	%			28,618				0.01	%
Savings			93,790				0.48	%			80,983				0.30	%
Money market			24,650				0.04	%			29,310				0.04	%
Time certificates, less than $100,000			106,340				0.73	%			129,548				1.05	%
Time certificates, $100,000 or more			97,876				0.87	%			106,387				1.09	%
Brokered Deposits			30,710				0.47	%			-
Total interest bearing			379,635				0.59	%			374,846				0.74	%
Total Deposits		$	443,033				0.50	%		$	430,204				0.65	%

Interest expense on deposits consisted of the following:

		Year Ended December 31,
(in thousands)		2014				2013				2012

Time certificates, less than $100,000		$	1,042			$	1,822			$	2,706
Time certificates, $100,000 or more			972				1,601				2,226
Money market			15				40				72
Savings			330				350				331
NOW			3				9				16
Brokered Deposits			2				-				-
		$	2,364			$	3,822			$	5,351

Contractual maturities of time certificates of deposit excluding brokered deposits as of December 31, 2014 are summarized below:

		Balance of Time				Weighted Average
(dollars in thousands)		Certificates of Deposit				Interest Rate

Due within:
1 year		$	180,327				0.74	%
1-2 years			7,837				1.30	%
2-3 years			9,462				1.54	%
3-4 years			3,524				0.91	%
4-5 years			3,066				0.51	%
		$	204,216				0.80	%

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.

+ References+ Details