Premises And Equipment

12 Months Ended

Dec. 31, 2012

Note 5: Premises and Equipment

Year-end premises and equipment were as follows:



	At December 31,
(Dollars in thousands)	2012		2011
Land	$	6,059	$	5,988
Buildings and improvements		18,237		18,100
Furniture, fixtures, and equipment		30,911		32,425
Construction/remodeling in progress		129		426
		55,336		56,939
Accumulated depreciation and amortization		(33,645)		(34,239)
Total premises and equipment, net	$	21,691	$	22,700

Depreciation of premises and equipment totaled $2.5 million in 2012, $2.5 million in 2011, and $2.9 million in 2010.

We lease certain equipment and premises for our operations. Future minimum annual rental payments required under operating leases, net of sublease agreements, that have initial or remaining lease terms in excess of one year as of December 31, 2012 were as follows:


(Dollars in thousands)
2013	$	2,135
2014		1,583
2015		1,290
2016		942
2017		117
Thereafter		48
Total	$	6,115

The total rental expense was $2.5 million, $2.6 million, and $2.8 million in 2012, 2011, and 2010, respectively.

- 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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