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DEPOSITS
12 Months Ended
Dec. 31, 2012
DEPOSITS [Abstract]  
DEPOSITS

8. DEPOSITS

The following table sets forth the balance of the Company's deposits:

     
  AT DECEMBER 31,
  2012 2011
  (IN THOUSANDS)
Demand:
   
Non-interest bearing $ 156,223 $ 141,982
Interest bearing 61,774 62,568
Savings 86,135 82,899
Money market 215,870 195,410
Certificates of deposit in denominations of $100,000 or more 35,339 43,762
Other time 280,393 289,799
Total deposits $ 835,734 $ 816,420

Interest expense on deposits consisted of the following:

       
  YEAR ENDED DECEMBER 31,
  2012 2011 2010
  (IN THOUSANDS)
Interest bearing demand $ 116 $ 153 $ 176
Savings 181 256 397
Money market 895 1,063 1,622
Certificates of deposit in denominations of $100,000 or more 435 637 834
Other time 4,875 6,226 7,916
Total interest expense $ 6,502 $ 8,335 $ 10,945

The following table sets forth the balance of other time deposits and certificates of deposit of $100,000 or more as of December 31, 2012 maturing in the periods presented:

     
YEAR: OTHER TIME DEPOSITS CERTIFICATES OF DEPOSIT OF $100,000 OR MORE
  (IN THOUSANDS)
2013 $ 150,998 $ 27,941
2014 35,120 6,203
2015 29,222 795
2016 10,021 400
2017 10,125 -
2018 and after 44,907 -
Total $ 280,393 $ 35,339

The maturities on certificates of deposit greater than $100,000 or more as of December 31, 2012, are as follows:

   
MATURING IN: (IN THOUSANDS)
Three months or less $ 4,235
Over three through six months 15,867
Over six through twelve months 7,839
Over twelve months 7,398
Total $ 35,339