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PREMISES AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2013
PREMISES AND EQUIPMENT [Abstract]  
Year-end Premises and Equipment
Year-end premises and equipment were as follows:

   
2013
  
2012
 
Land and improvements
 $3,614  $3,614 
Buildings and leasehold improvements
  13,695   13,454 
Furniture and equipment
  7,646   8,974 
Assets purchased not yet placed in service
  2,292   - 
    27,247   26,042 
Less: accumulated depreciation
  (9,449)  (10,090)
   $17,798  $15,952 
          
Operating Leases
The Company leases certain branch and other properties as well as some equipment under operating leases.  Some leases provide for periodic rate adjustments based on cost-of-living index changes. Rent expense, net of rental income, was $990, 985, and $1,162 for 2013, 2012, and 2011.  Rent commitments, before considering renewal options that generally are present, were as follows:

2014
 $904 
2015
  793 
2016
  764 
2017
  738 
2018 and thereafter
  278 
   $3,477