SIERRA BANCORP AND SUBSIDIARY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
92
8.
DEPOSITS
Interest-bearing deposits consisted of the following (dollars in thousands):
2014
2013
Interest Bearing Demand Deposits
110,840
$
82,408
$
NOW
275,494
200,313
Savings
167,655
144,162
Money Market
117,907
73,132
CDAR's, under $250,000
11,299
13,356
Time, under $250,000
151,719
152,103
Time, $250,000 or more
135,884
132,708
Brokered Deposits
5,000
10,000
975,798
$
808,182
$
December 31,
Aggregate annual maturities of time deposits were as follows (dollars in thousands):
Year Ending December 31,
2015
295,099
$
2016
4,075
$
2017
2,597
$
2018
1,173
$
2019
304
$
Thereafter
654
$
303,902
$
Interest expense recognized on interest-bearing deposits consisted of the following (dollars in thousands):
2014
2013
2012
Interest bearing demand deposits
$ 283 $ 281 $ 257
NOW
338 359 556
Savings
241 285 241
Money market
80 94 127
CDAR's
11 36 52
Time deposits
1,017 1,243 1,773
Brokered Deposits
94 157 202
2,064
$
2,455
$
3,208
$
Year Ended December 31,
