Property and Equipment

6 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

Major categories of property and equipment are summarized as follows (dollars in thousands):



	June 30, 2013		December 31, 2012
	(UNAUDITED)
Building and improvements	$	3,185	$	3,185
Electronic data processing equipment	1,832		1,814
Furniture and fixtures	904		912
	5,921		5,911
Less accumulated depreciation	3,663		3,519
	$	2,258	$	2,392

Depreciation expense for the six months ended June 30, 2013 was $201,000 ($433,000 for the year ended December 31, 2012).

- 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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