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Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2014
Premises and Equipment [Abstract]  
Property, Plant and Equipment

A summary of the cost and accumulated depreciation of premises and equipment at December 31, 2014 and 2013 follows:

 

 

 

 

 

 

 

 

 

December 31,

(dollars in thousands)

 

2014

 

2013

 

 

 

 

 

Land

 

$                    5,602 

 

$                    5,509 

Building and improvements

 

18,286 

 

16,964 

Furniture and equipment

 

7,599 

 

6,847 

Automobiles

 

444 

 

303 

Total cost

 

31,931 

 

29,623 

Less accumulated depreciation

 

11,345 

 

10,080 

Premises and equipment, net

 

$                  20,586 

 

$                  19,543 

 

Schedule of Future Minimum Rental Payments for Operating Leases

Future minimum rental commitments under non-cancellable operating leases are as follows:

 

 

 

 

 

(dollars in thousands)

 

 

2015

 

$                      700 

2016

 

721 

2017

 

733 

2018

 

603 

2019

 

488 

Thereafter

 

4,480 

 

 

 

Total

 

$                    7,725