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Premises and Equipment

12 Months Ended

Dec. 31, 2014

Note 7: Premises and Equipment

Major classifications of premises and equipment, stated at cost, are as follows:



		2014		2013
Cost
Land	$	13,100	$	12,842
Buildings and land improvements		25,334		26,005
Equipment		12,555		13,548
Total cost		50,989		52,395
Accumulated depreciation and amortization		(20,050)		(20,924)
Net	$	30,939	$	31,471

- 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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