Premises And Equipment

12 Months Ended

Dec. 31, 2013

Note 7 – Premises and equipment

Property and equipment at December 31, 2013 and 2012 are summarized as follows:


	December 31,
	2013	2012
Land	$ 3,014	$ 2,235
Building and improvements	5,361	5,158
Construction in progress	55	542
Furniture and equipment	5,185	5,053
Leasehold improvements	1,535	1,520
	15,150	14,508
Less accumulated depreciation	6,742	6,168

Net property and equipment	$ 8,408	$ 8,340

Total depreciation expense for the years ended December 31, 2013 and 2012 was $586 and $586, respectively.

- 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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