Equipment and leasehold improvements

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property Plant and Equipment Disclosure [Text Block]

9.	Equipment and leasehold improvements

A breakdown of cost and accumulated depreciation and amortization for equipment and leasehold improvements as of December 31, 2014 ans 2013 is as follows:

	December 31,
	2014		2013
Leasehold improvements		7,462		7,414
Furniture and equipment		16,870		16,933
		24,332		24,347

Less: accumulated depreciation and amortization		16,203		13,881
		8,129		10,466

On June 2012, the Bank recorded a gain on sale of premises and equipment of $5.6 million from the sale of its former head office’s premises.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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