Annual report pursuant to Section 13 and 15(d)

Premises and Equipment

v2.4.0.8
Premises and Equipment
12 Months Ended
Dec. 31, 2013
Property Plant And Equipment [Abstract]  
Premises and Equipment

Note 4 — Premises and Equipment

The following is a summary of the major components of premises and equipment:

 

     As of December 31,  
     2013     2012  
     (In thousands)  

Land

   $ 6,120      $ 6,120   

Building and improvements

     9,248        9,197   

Furniture and equipment

     15,654        15,039   

Leasehold improvements

     10,389        10,320   

Software

     862        862   
  

 

 

   

 

 

 
     42,273        41,538   

Accumulated depreciation and amortization

     (28,052     (26,388
  

 

 

   

 

 

 

Total premises and equipment, net

   $ 14,221      $ 15,150   
  

 

 

   

 

 

 

Depreciation and amortization expense totaled $1.9 million, $2.1 million and $2.2 million for the years ended December 31, 2013, 2012 and 2011, respectively.