Total deposits increased $4.2 million to $154.8 million at December 31, 2012 from $150.6 million at December 31, 2011. The increase was primarily due to a $1.8 million increase in non-interest bearing demand accounts and a $2.4 million increase in interest bearing accounts.The Bank continues to increase non-interest bearing deposit accounts. Total non-interest bearing deposit accounts at December 31, 2012 were $15.4 million as compared to $13.6 million at December 31, 2011. Non-interest bearing accounts were 10.0% of total deposits at December 31, 2012 as compared to 9.1% of total deposits at December 31, 2011. The growth in deposits was from the Bank’s local area market.
Liberty Bell Bank Reports 2012 Fourth Quarter And Annual Results Of Operations
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.