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Premises and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2015
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment [Table Text Block] | Premises and equipment are summarized as follows:
| Estimated |  |  |  |  |  |
| Useful Life |  |  |  |  |  |
| (Years) |  | 2015 |  | 2014
| (dollars in Thousands)
Land | - |  | $ | 2,403 |  | $ | 2,403
Buildings | 20-40 |  |  | 16,490 |  |  | 16,490
Furniture, fixtures and equipment | 3-7 |  |  | 27,235 |  |  | 24,809
Leasehold improvements | 10-20 |  |  | 12,230 |  |  | 10,757
Subtotal |  |  |  | 58,358 |  |  | 54,459
Less: accumulated depreciation and |  |  |  |  |  |  |
amortization |  |  |  | 35,291 |  |  | 32,977
Subtotal |  |  |  | 23,067 |  |  | 21,482
Less: fair value adjustment for |  |  |  |  |  |  |
acquired leases |  |  |  | (734) |  |  | (829)
Total premises and equipment, net |  |  | $ | 22,333 |  | $ | 20,653
Schedule of Capital Lease in Premises and Equipment [Table Text Block] | The Company has included this lease in premises and equipment as follows (dollars in thousands):
| 2015 |  | 2014
Capital Lease | $ | 3,422 |  | $ | 3,422
Less: accumulated amortization |  | 1,198 |  |  | 1,026
| $ | 2,224 |  | $ | 2,396
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block] | The following is a schedule by year of future minimum lease payments under the capitalized lease, together with the present value of net minimum lease payments at December 31, 2015 (dollars in thousands):
2016 | $ | 292
2017 |  | 292
2018 |  | 292
2019 |  | 321
2020 |  | 321
Thereafter |  | 2,699
Total minimum lease payments |  | 4,217
Less amount representing interest |  | 1,332
Present value of net minimum |  |
lease payments | $ | 2,885
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | Future minimum lease payments under these leases are as follows (dollars in thousands)
2016 | $ | 1,915
2017 |  | 1,548
2018 |  | 1,481
2019 |  | 1,350
2020 |  | 1,284
Thereafter |  | 5,463

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph b -Article 5 + Details
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- Definition Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
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