Premises and Equipment

12 Months Ended

Dec. 31, 2012

Premises and Equipment [Abstract]

Premises and Equipment

6. Premises and Equipment

Details of premises and equipment, at cost, at December 31 were as follows:

	2012			2011
Land and land improvements	$	3,310		$	2,567
Buildings and leasehold improvements		31,195			30,552
Furniture, fixtures and equipment		19,572			16,783
Total cost		54,077			49,902
Accumulated depreciation and amortization		(26,018	)		(25,789	)
Net premises and equipment	$	28,059		$	24,113

Depreciation and amortization expense was $2.5 million, $2.3 million and $2.3 million for 2012, 2011 and 2010, respectively. Lease expense was approximately $997,000, $918,000 and $840,000 for 2012, 2011 and 2010, respectively. The Company has a capital lease for a branch facility with payments that extend until 2026 at an interest rate of 9.75% per year. The related asset, recorded in premises and equipment, has a cost basis of $855,000 and accumulated depreciation of $289,000. At December 31, 2012, under current operating and capital lease contracts, the Company had the following schedule of future minimum lease payments:

	Operating		Capital
2013	$	1,192	$	57
2014		1,027		59
2015		830		62
2016		723		65
2017		642		67
Thereafter		1,565		791
	$	5,979	$	1,101

During 2012, the Company recorded a $479,000 gain on sale of a branch facility.