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Lease Commitments

12 Months Ended

Dec. 31, 2015

Leases [Abstract]

Lease Commitments

Note 17. Lease Commitments

The Company was obligated under noncancelable leases for banking premises. Total rental expense for operating leases for 2015 and 2014 was $112 thousand and $99 thousand, respectively. Minimum rental commitments under noncancelable leases with terms in excess of one year as of December 31, 2015 were as follows (in thousands):

		Operating Leases
2016		$	60
2017			43
2018			22
2019			4
Total minimum payments		$	129

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- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 30
-Section 50
-Paragraph 1
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