Premises and Equipment

12 Months Ended

Dec. 31, 2013

Property Plant And Equipment [Abstract]

Note 5 – Premises and Equipment

The major categories of banking premises and equipment and accumulated depreciation at December 31 are summarized below:


	(In Thousands)
	2013			2012
Land	$	4,360		$	4,337
Buildings (useful life 15-39 years)		20,593			19,130
Construction in Progress		—			274
Furnishings (useful life 3-15 years)		11,035			10,361

		35,988			34,102
Less: Accumulated depreciation		(17,279	)		(16,503	)

Premises and Equipment (Net)	$	18,709		$	17,599

Depreciation expense for the years ended December 31, 2013, 2012 and 2011 amounted to $1.2, $1.2, and $1.1 million, respectively.

- 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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