Property and Equipment

3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

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



	March 31, 2015		December 31, 2014

Building and improvements	$	3,348	$	3,367
Electronic data processing equipment	1,606		1,570
Furniture and fixtures	658		606
	5,612		5,543
Less accumulated depreciation	3,577		3,530
Property and equipment, net	$	2,035	$	2,013

Depreciation expense for the three months ended March 31, 2015 was $47,000 ($306,000 for the year ended December 31, 2014).

- 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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