Bank Premises, Equipment and Leases

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Bank premises and equipment are summarized as follows:



	At December 31
	2013		2012
	(Dollars in thousands)
Land	$	2,452	$	2,452
Buildings	11,422		11,373
Equipment	14,990		14,706
Purchased software	4,739		4,722
Leasehold improvements	1,088		1,088
Total cost	$	34,691	$	34,341
Less: accumulated depreciation and amortization	26,493		25,620
Net bank premises and equipment	$	8,198	$	8,721

Depreciation of Bank premises and equipment charged to noninterest expense amounted to $845 in 2013, $887 in 2012 and $1,032 in 2011. Amortization of purchased software charged to noninterest expense amounted to $169 in 2013, $260 in 2012 and $196 in 2011.

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, 2013 are as follows:



	Amount
	(Dollars in thousands)
2014	$	782
2015	724
2016	559
2017	298
2018	254
2019 and thereafter	556
Total	$	3,173

Rentals paid under leases on Corporation premises and equipment amounted to $1,000 in 2013, $1,040 in 2012 and $977 in 2011.

- 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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