5. Bank Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2015

Tables/Schedules

Schedule of Major Classes of Bank Premises and Equipment

The major classes of bank premises and equipment and the total accumulated depreciation are as follows at December 31:

(In 000’s)	Estimated
	useful life	2015	2014
Leasehold improvements	10-15 years	$   788	$  785
Furniture and equipment	3- 7 years	1,297	1,179
		2,085	1,964
Less accumulated depreciation		(1,592)	(1,415)
		$   493	$   549

Schedule of Future Minimum Lease Payments Under Operating Leases

Future minimum lease payments under operating leases are as follows:

 (In 000’s)

Year ending December 31,	Operating     leases
2016	$  423
2017	408
2018	416
2019	411
2020	332
Thereafter	888
Total minimum lease payments	$2,878