Deposits
12 Months Ended
Dec. 31, 2013
Deposits [Abstract]  
Deposits Disclosures [Text Block]
9.         Deposits
 
The following table summarizes the Corporation’s deposits as of December 31:
 
(Dollar amounts in thousands)
 
2013
 
2012
 
 
 
Weighted
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
Type of accounts
 
average rate
 
Amount
 
%
 
average rate
 
Amount
 
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-interest bearing deposits
 
-
 
$
104,269
 
24.1
%
-
 
$
98,559
 
22.8
%
Interest bearing demand deposits
 
0.15
%
 
221,412
 
51.3
%
0.15
%
 
201,919
 
46.7
%
Time deposits
 
1.87
%
 
106,325
 
24.6
%
2.63
%
 
131,981
 
30.5
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
0.54
%
$
432,006
 
100.0
%
0.87
%
$
432,459
 
100.0
%
 
Scheduled maturities of time deposits for the next five years are as follows:
 
(Dollar amounts in thousands)
 
 
Amount
 
%
 
 
 
 
 
 
 
 
2014
 
$
34,420
 
32.4
%
2015
 
 
18,702
 
17.6
%
2016
 
 
15,806
 
14.9
%
2017
 
 
8,139
 
7.6
%
2018
 
 
16,662
 
15.7
%
Thereafter
 
 
12,596
 
11.8
%
 
 
 
 
 
 
 
 
 
$
106,325
 
100.0
%
 
The Corporation had a total of $43.4 million and $51.5 million in time deposits of $100,000 or more at December 31, 2013 and 2012, respectively.  Scheduled maturities of time deposits of $100,000 or more at December 31, 2013 are as follows:
 
(Dollar amounts in thousands)
 
Amount
 
 
 
 
 
 
Less than three months
 
$
1,988
 
Over three months to six months
 
 
3,102
 
Over six months to twelve months
 
 
8,637
 
Over twelve months
 
 
29,638
 
 
 
 
 
 
 
 
$
43,365