The following summarizes premises and equipment at December 31, 2013 and 2012:
2013 | 2012 | |||||||
Land |
$ | 4,412 | $ | 4,126 | ||||
Premises and leasehold improvements |
28,764 | 25,670 | ||||||
Furniture and equipment |
20,248 | 17,522 | ||||||
Construction in process |
3,924 | 408 | ||||||
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|
|
|
|||||
57,348 | 47,726 | |||||||
Less: accumulated depreciation |
25,759 | 23,654 | ||||||
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|
|
|
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Premises and equipment, net |
$ | 31,589 | $ | 24,072 | ||||
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The minimum annual rental commitments under these leases at December 31, 2013 are as follows:
2014 |
$ | 630 | ||
2015 |
617 | |||
2016 |
592 | |||
2017 |
426 | |||
2018 |
207 | |||
Thereafter |
1,169 | |||
|
|
|||
$ | 3,641 | |||
|
|
The minimum annual rental commitments under this lease at December 31, 2013 are as follows:
2014 |
$ | 112 | ||
2015 |
112 | |||
2016 |
112 | |||
2017 |
112 | |||
2018 |
112 | |||
Thereafter |
893 | |||
|
|
|||
$ | 1,453 | |||
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|