Premises and Equipment, Net

12 Months Ended

Dec. 31, 2012

Premises and Equipment, Net [Abstract]

PREMISES AND EQUIPMENT, NET

NOTE E – PREMISES AND EQUIPMENT, NET

Premises and equipment, net at December 31 consisted of (in thousands):

	2012			2011
Land	$	2,362		$	2,362
Buildings and improvements		17,025			16,854
Furniture and equipment		8,628			10,255
		28,015			29,471
Less accumulated depreciation		(15,596	)		(16,925	)
Totals	$	12,419		$	12,546

Depreciation of premises and equipment charged to operations was $923,000, $869,000 and $995,000 in 2012, 2011 and 2010, respectively.

Rent expense under operating leases amounted to $110,000, $50,000 and $42,000 in 2012, 2011 and 2010, respectively.

Lease commitments under noncancelable operating equipment leases at December 31, 2012 were as follows (in thousands):

2013	$	136
2014		107
2015		107
2016		107
2017		27
Thereafter		6
Total	$	490