XML 94 R12.htm IDEA: XBRL DOCUMENT

PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4. PREMISES AND EQUIPMENT

The following table provides information on premises and equipment at December 31, 2012 and 2011.

(Dollars in thousands)		2012				2011
Land		$	5,818			$	4,902
Buildings and land improvements			13,159				13,404
Furniture and equipment			7,589				7,390
			26,566				25,696
Accumulated depreciation			(10,973	)			(11,034	)
Total		$	15,593			$	14,662

Depreciation expense totaled $1.1 million, $996 thousand and $1.1 million for 2012, 2011 and 2010, respectively. The increase in land was primarily due to the relocation of a branch of one of the Banks.

The Company leases facilities under operating leases. Rental expense for the years ended December 31, 2012, 2011, and 2010 was $777 thousand, $753 thousand and $770 thousand, respectively. Future minimum annual rental payments are approximately as follows:

(Dollars in thousands)
2013		$	708
2014			520
2015			245
2016			246
2017			250
Thereafter			1,137
Total minimum lease payments		$	3,106

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details