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Premises and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2012
Premises And Equipment Tables |
Schedule of premises and equipment | A summary of premises and equipment follows (in thousands):
|  | At December 31, |
|  | 2012 |  |  | 2011 |
Land |  | $ | 1,171 |  |  | $ | 1,171 |
Buildings and improvements |  |  | 2,046 |  |  |  | 1,959 |
Furniture, fixtures and equipment |  |  | 1,170 |  |  |  | 1,026 |
Leasehold improvements |  |  | 119 |  |  |  | 119 |
Total, at cost |  |  | 4,506 |  |  |  | 4,275 |
Less accumulated depreciation and amortization |  |  | (1,600 | ) |  |  | (1,584 | )
Premises and equipment, net |  | $ | 2,906 |  |  | $ | 2,691 |
Schedule of Future Minimum Lease Payments | At December 31, 2012, the future minimum lease payments are approximately as follows (in thousands):
Year Ending December 31, |  | Amount |
2013 |  | $ | 80 |
2014 |  |  | 88 |
2015 |  |  | 88 |
2016 |  |  | 88 |
2017 |  |  | 88 |
Thereafter |  |  | 88 |
|  | $ | 520 |

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- Definition Tabular disclosure of the useful life and salvage value of 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph b -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 5 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: 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 Reference 4: 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) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
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