Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Table Text Block]

A summary of premises and equipment is as follows:

(dollars in thousands)	December 31, 2012	December 31, 2011
Land	$ 200	$ 200
Bank building	1,051	1,030
Leasehold improvements	18,714	18,657
Furniture, fixtures and equipment	6,894	6,473
Construction in progress	5,143	5,166
	32,002	31,526
Less accumulated depreciation	(10,026)	(8,019)
Net premises and equipment	$ 21,976	$ 23,507

- 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.

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