XML 31 R17.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Premises And Equipment | 12 Months Ended
--- | ---
Dec. 31, 2016
Premises And Equipment [Abstract] |
Premises And Equipment | NOTE 8- PREMISES AND EQUIPMENT Year-end premises and equipment were as follows:
﻿ |  |  |  |  |
﻿ | December 31, 2016 |  | December 31, 2015
﻿Land and land improvements | $ | 1,293 |  | $ | 1,293
﻿Buildings |  | 3,832 |  |  | 3,827
﻿Furniture, fixtures and equipment |  | 2,150 |  |  | 2,655
﻿ |  | 7,275 |  |  | 7,775
﻿Less: Accumulated Depreciation |  | (3,846) |  |  | (4,166)
﻿ | $ | 3,429 |  | $ | 3,609
﻿ Depreciation expense for 201 6 and 201 5 totaled $211 and $211, respectively. Operating Leases: The Company leases certain branch and loan office property space under two operating leases. Each lease requires CFBank to absorb its pro rata share of building operating expenses and utilities based on square footage. The Company entered into a lease agreement to open a commercial banking agency o ffice in Woodmere, Ohio, which opened in January of 2014. The Woodmere lease is for a 128-month term commencing January 1, 2014 with no renewal options. The Company leases CFBank’s Fairlawn branch office pursuant to a ten year operating lease beginning in 2014 with annual rent increases each year. There is one five-year renewal option on this lease. Lease expense for the years ended December 31, 201 6 and 201 5 totaled $311 and $319, respectively. Leasehold improvements are depreciated straight line over the lease term before consideration of renewal options. Lease expense is recognized evenly over the lease term to account for lease incentives. Rent commitments, before renewal options, are as follows:
﻿ |  |
﻿ |  |
﻿2017 | $ | 320
﻿2018 |  | 321
﻿2019 |  | 322
﻿2020 |  | 324
﻿2021 |  | 325
﻿Thereafter |  | 858
﻿ | $ | 2,470
﻿

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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. + 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 210.5-02.13-14) -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 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2921-110230 Reference 4: 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 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration