ServisFirst Bancshares, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

DEPOSITS

DEPOSITS

12 Months Ended

Dec. 31, 2012

Deposits [Abstract]

DEPOSITS

NOTE 7.

DEPOSITS

Deposits at December 31, 2012 and 2011 were as follows:

	December 31,
	2012		2011
	(In Thousands)
Noninterest-bearing demand	$	545,174	$	418,810
Interest-bearing checking		1,551,158		1,325,451
Savings		19,560		15,638
Time		69,179		71,368
Time, $100,000 and over		326,501		312,620
	$	2,511,572	$	2,143,887

The scheduled maturities of time deposits at December 31, 2012 were as follows:

	(In Thousands)
2013	$	247,482
2014		87,433
2015		21,167
2016		26,437
2017		13,161
	$	395,680

At December 31, 2012 and 2011, overdraft deposits reclassified to loans were $3,860,000 and $876,000, respectively.

- 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.

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