Premises and Equipment

12 Months Ended

Dec. 31, 2012

Note 6: Premises and Equipment

A summary of the cost and accumulated depreciation of premises and equipment follows:

	December 31,
	2012			2011
Premises	$	14,320		$	14,172
Furniture and equipment		10,424			9,804
Premises and equipment	$	24,744		$	23,976
Accumulated depreciation		(14,343	)		(13,583	)
Premises and equipment, net	$	10,401		$	10,393

Depreciation expense for the years ended December 2012, 2011 and 2010 amounted to $764, $799 and $886, respectively.

The Company leases certain branch facilities under noncancellable operating leases. The future minimum lease payments under these leases (with initial or remaining lease terms in excess of one year) as of December 31, 2012 are as follows: $219 in 2013, $185 in 2014, $52 in 2015, $22 in 2016 and $0 thereafter.

- Definition

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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