PREMISES AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2012

NOTE 7 - PREMISES AND EQUIPMENT

		As of December 31,
(In thousands)	Estimated Useful Lives	2012			2011
Land		$	2,396		$	2,396
Buildings and leasehold improvements	5 - 39 years		7,554			7,524
Furniture, fixtures and equipment	3 - 7 years		6,667			6,442
			16,617			16,362
Less accumulated depreciation and amortization			(11,385	)		(10,968	)
Premises and equipment, net		$	5,232		$	5,394

- 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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