Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2014

Premises and equipment consisted of the following at December 31:

	2014		2013
	(in thousands)
Land	$	7,261	$	7,261
Buildings		38,301		24,101
Construction in process		291		13,316
Leasehold improvements		906		906
Furniture, fixtures and equipment		19,391		17,443
		66,150		63,027
Less accumulated depreciation and amortization		24,075		22,481
	$	42,075	$	40,546

Minimum rental commitment due under noncancellable leases

The total approximate minimum rental commitment at December 31, 2014 under noncancellable leases is $731 thousand which is due as follows (in thousands):

2015	$	254
2016		162
2017		158
2018		89
2019		68
Total	$	731