Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Table Text Block]

The detail of premises and equipment as of December 31^st for the past two years is as follows:


(In thousands)	December 31, 2012		December 31, 2011
Land and buildings	$	12,347	$	11,458
Furniture, fixtures and equipment		6,719		6,793
Leasehold improvements		2,319		2,150
Gross premises and equipment		21,385		20,401
Less: Accumulated depreciation		(9,323)		(9,051)
Net premises and equipment	$	12,062	$	11,350

- Definition

Tabular disclosure of the useful life and salvage value of 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.

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