California Bank of Commerce NOTES TO FINANCIAL STATEMENTS 6.  PREMISES AND EQUIPMENT 7.  INTEREST-BEARING DEPOSITS 36 Depreciation and amortization included in occupancy and equipment expense totaled $129,072 and  $144,933, respectively, for 2011 and 2010. Aggregate annual maturities of time deposits are as follows: Year Ending December 31,  2012 $ 36,968,113 2013 7,031,163 2014   204,903 2015   -  2016 2,217,645 $ 46,421,824 December 31,  2011 2010 Furniture, fixtures and equipment  $  761,464 $  608,452 Leasehold improvements  164,501 144,035 925,965 752,487 Less accumulated depreciation and amortization (606,216)  (477,144) $ 319,749 $ 275,343 Premises and equipment consisted of the following: December 31,  2011 2010 Savings $ 26,832,732 $  9,625,224 Money market 87,898,237 88,167,095 Interest-bearing demand accounts  27,285,569 5,017,094 Time, $100,000 or more  44,953,649 38,694,223 Other time 1,468,175 1,022,351 $ 188,438,362 $ 142,525,987 Interest-bearing deposits consisted of the following: