Premises And Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment Disclosure

Note 5: Premises and Equipment

The detail of premises and equipment as of December 31 follows:


		2013			2012

Land	$	2,474		$	2,474
Buildings and improvements		22,924			21,486
Furniture and equipment		7,586			7,319
Less: accumulated depreciation		(12,839	)		(12,024	)
Total	$	20,145		$	19,255

Depreciation expense amounted to $1,504, $1,292 and $1,180 in 2013, 2012 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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