CNB FINANCIAL CORP/PA | 2013 | FY | 3


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   
  

 

 

    

 

 

 
     57,348         47,726   

Less: accumulated depreciation

     25,759         23,654   
  

 

 

    

 

 

 

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   
  

 

 

 

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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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