Bank Properties and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

8. BANK PROPERTIES AND EQUIPMENT

Bank properties and equipment consist of the following major classifications:

SUMMARY OF BANK PROPERTIES AND EQUIPMENT


December 31,	2014			2013
Land	$	8,060		$	8,998
Buildings		27,293			30,624
Capital lease		8,630			8,630
Leasehold improvements and equipment		40,435			46,962

Total bank properties and equipment		84,418			95,214
Accumulated depreciation		(44,263	)		(46,119	)

Bank properties and equipment, net	$	40,155		$	49,095

The Company recognized depreciation expense of $5.7 million, $5.5 million and $5.7 million for the years ended December 31, 2014, 2013 and 2012, respectively.

- 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.

+ References+ Details