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DEPOSITS | 12 Months Ended
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Dec. 31, 2015
Deposits [Abstract] |
Deposit Liabilities Disclosures [Text Block] | ## 8. DEPOSITS The following table sets forth the balance of the Company’s deposits:
|  | AT DECEMBER 31,
|  | 2015 |  | 2014
|  | (IN THOUSANDS)
Demand: |  |  |  |  |  |  |  |
Non-interest bearing |  | $ | 188,947 |  |  | $ | 167,551 |
Interest bearing |  |  | 92,037 |  |  |  | 89,676 |
Savings |  |  | 93,949 |  |  |  | 90,020 |
Money market |  |  | 258,818 |  |  |  | 221,378 |
Certificates of deposit in denominations of $100,000 or more |  |  | 31,422 |  |  |  | 50,529 |
Other time |  |  | 238,121 |  |  |  | 250,727 |
Total deposits |  | $ | 903,294 |  |  | $ | 869,881 |
Interest expense on deposits consisted of the following:
|  | YEAR ENDED DECEMBER 31,
|  | 2015 |  | 2014 |  | 2013
|  | (IN THOUSANDS)
Interest bearing demand |  | $ | 199 |  |  | $ | 191 |  |  | $ | 138 |
Savings |  |  | 156 |  |  |  | 144 |  |  |  | 139 |
Money market |  |  | 817 |  |  |  | 761 |  |  |  | 736 |
Certificates of deposit in denominations of $100,000 or more |  |  | 266 |  |  |  | 268 |  |  |  | 289 |
Other time |  |  | 3,314 |  |  |  | 3,525 |  |  |  | 3,862 |
Total interest expense |  | $ | 4,752 |  |  | $ | 4,889 |  |  | $ | 5,164 |
The following table sets forth the balance of other time deposits and certificates of deposit of $100,000 or more as of December 31, 2015 maturing in the periods presented:
YEAR: |  | OTHER TIME DEPOSITS |  | CERTIFICATES OF DEPOSIT OF $100,000 OR MORE
|  | (IN THOUSANDS)
2016 |  | $ | 102,774 |  |  | $ | 28,288 |
2017 |  |  | 26,971 |  |  |  | 1,988 |
2018 |  |  | 36,165 |  |  |  | 945 |
2019 |  |  | 28,543 |  |  |  | 100 |
2020 |  |  | 17,013 |  |  |  | — |
2021 and after |  |  | 26,655 |  |  |  | 101 |
Total |  | $ | 238,121 |  |  | $ | 31,422 |
The maturities on certificates of deposit greater than $100,000 or more as of December 31, 2015, are as follows:
MATURING IN: |  | (IN THOUSANDS)
Three months or less |  | $ | 6,868 |
Over three through six months |  |  | 12,588 |
Over six through twelve months |  |  | 8,832 |
Over twelve months |  |  | 3,134 |
Total |  | $ | 31,422 |
The aggregate amount of time deposit accounts (including certificates of deposit) that meet or exceed the FDIC insurance limit at December 31, 2015 and 2014 are $46.1 million and $65.2 million, respectively.

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- Definition 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=50488274&loc=d3e64164-112818 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
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