Annual report pursuant to Section 13 and 15(d)

PREMISES AND EQUIPMENT - NET (Tables)

v2.4.1.9
PREMISES AND EQUIPMENT - NET (Tables)
12 Months Ended
Dec. 31, 2014
PREMISES AND EQUIPMENT - NET [Abstract]  
Year-End Premises and Equipment
Year-end premises and equipment were as follows (dollars in thousands):

   
2014
   
2013
 
Land
 
$
18,227
   
$
18,236
 
Building
   
43,426
     
42,530
 
Leasehold improvements
   
779
     
779
 
Furniture and equipment
   
18,368
     
20,344
 
Construction in progress
   
413
     
1,065
 
     
81,213
     
82,954
 
Less accumulated depreciation
   
(28,319
)
   
(29,313
)
   
$
52,894
   
$
53,641
 
 
Future Minimum Rental Expense under Noncancelable Operating Leases
Future minimum rental expense under noncancelable operating leases as of December 31, 2014 is as follows (dollars in thousands):

2015
 
$
240
 
2016
   
230
 
2017
   
230
 
2018
   
230
 
2019
   
230
 
Thereafter
   
127
 
   
$
1,287