Bank Premises, Equipment and Leases

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Bank premises and equipment are summarized as follows:



	At December 31
	2012		2011
	(Dollars in thousands)
Land	$	2,452	$	2,452
Buildings	11,373		11,406
Equipment	14,706		14,514
Purchased software	4,722		4,295
Leasehold improvements	1,088		1,088
Total cost	$	34,341	$	33,755
Less: accumulated depreciation and amortization	25,620		24,787
Net bank premises and equipment	$	8,721	$	8,968

Depreciation of Bank premises and equipment charged to noninterest expense amounted to $887 in 2012, $1,032 in 2011 and $1,121 in 2010. Amortization of purchased software charged to noninterest expense amounted to $260 in 2012, $196 in 2011 and $236 in 2010.

The Bank is obligated under various non-cancelable operating leases on certain Bank premises and equipment. Minimum future payments under non-cancelable operating leases at December 31, 2012 are as follows:



	Amount
	(Dollars in thousands)
2013	$	1,119
2014	714
2015	677
2016	513
2017	259
2018 and thereafter	777
Total	$	4,059

Rentals paid under leases on Corporation premises and equipment amounted to $1,040 in 2012, $977 in 2011 and $1,118 in 2010.

- Definition

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.

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