Capital Lease and Operating Lease Obligations

12 Months Ended

Dec. 31, 2012

Capital Lease and Operating Lease Obliagtions [Abstract]

CAPITAL LEASE AND OPERATING LEASE OBLIGATIONS

(8)  CAPITAL LEASE AND OPERATING LEASE OBLIGATIONS

Included in other borrowings is a long-term capital lease agreement, which relates to DNB’s West Goshen branch. As of December 31, 2012 the lease has a carrying amount of$309,000 net of accumulated depreciation of $441,000, and is included in the balance of office properties and equipment in the accompanying statements of financial condition. The following is a schedule of the future minimum capital lease payments, together with the present value of the net minimum lease payments, as of December 31, 2012:

	Year ended
(Dollars in thousands)	December 31
2013	$	106
2014		106
2015		106
2016		107
2017		107
Thereafter		496
Total minimum lease payments		1,028
Less amount representing interest		(457)
Present value of net minimum lease payments	$	571

The following is a schedule of the future minimum operating lease payments as of December 31, 2012.

	Year ended
(Dollars in thousands)	December 31
2013	$	620
2014		537
2015		436
2016		332
2017		317
Thereafter		984
Total minimum lease payments	$	3,226