Premises and Equipment

3 Months Ended

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

Premises and equipment at March 31, 2014 and December 31, 2013 consisted of the following:



	March 31, 2014			December 31, 2013
Land	$	2,500		$	2,500
Building and improvements	2,858			2,858
Furniture and equipment	4,571			4,883
Less: accumulated depreciation	(3,093		)	(3,107		)
	$	6,836		$	7,134

In 2013, the Company acquired an office building with approximately 52,000 square feet of office space and related real estate located in Fishers, Indiana. The Company acquired the property for the current and future operations of the Bank for $4,083. The cost basis of the building is being depreciated on a straight-line basis over 39 years.

- 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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