Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2013

Components of Premises and Equipment Included in the Accompanying Consolidated Balance Sheets



(In thousands)	2013		2012		Estimated Useful Lives (In years)
Land	$	332	$	525	N/A
Bank premises		6,782		10,476	39
Leasehold improvements		9,276		8,499	5 – 20
Furniture, equipment, and software		17,694		18,124	3 – 7
Total gross fixed sssets		34,084		37,624
Less: accumulated depreciation and amortization		18,512		21,547
Total net fixed assets	$	15,572	$	16,077

Minimum Lease Payments



(In thousands)	Amount
2014	$	1,406
2015		1,191
2016		1,052
2017		981
2018		976
Thereafter		5,559
Total	$	11,165

- 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.

+ References+ Details