Property and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

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



	December 31, 2014		December 31, 2013

Building and improvements	$	3,367	$	3,185
Electronic data processing equipment	1,570		1,822
Furniture and fixtures	606		874
	5,543		5,881
Less accumulated depreciation	3,530		3,804
Property and equipment, net	$	2,013	$	2,077

Depreciation expense for the year ended December 31, 2014 was $306,000 ($386,000 for the year ended December 31, 2013).

- 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.

+ References+ Details