Deposits (Tables)
12 Months Ended
Dec. 31, 2013
Banking And Thrift [Abstract]  
Summary of Deposits

Deposits at December 31, 2013 and 2012 are summarized as follows:

 

(Dollars in thousands)    December 31,  
     2013     2012  
     Balance      Average
Rate
    Balance      Average
Rate
 

Non-interest bearing demand

   $ 50,181         0.00   $ 24,526         0.00

Interest-bearing demand

     127,992         0.49     97,576         0.95

Savings

     90,919         0.46     48,342         0.34

Time

     113,253         1.42     99,001         1.84
  

 

 

      

 

 

    

Total deposits

   $ 382,345         $ 269,445      
  

 

 

      

 

 

Schedule of Contractual Maturities of Time Deposits

Scheduled contractual maturities of time deposits at December 31, 2013 are as follows (in thousands):

 

Years ending December 31,

  

2014

   $ 56,654   

2015

     21,163   

2016

     9,652   

2017

     18,606   

2018

     6,763   

Thereafter

     415   
  

 

 

 
   $ 113,253