There were no troubled debt restructurings in 2013. The following summarizes troubled debt restructurings, including the type of modifications, during the year ended December 31, 2012 ( in thousands):  During 2013 and 2012, there were no loans modified as troubled debt restructurings within the previous 12 months that have subsequently defaulted.  The components of property and equipment consist of the following as of December 31, 2013 and 2012 ( in thousands):  The components of deposits consist of the following as of December 31,  2013 and 2012 ( in thousands):  5. Deposits 4. Property and Equipment Pre-  Post -  Number of Modification Modification Loans Rate Term Payment Combination Total Balance Balance Commercial $ $ $ $  Construction and land development Farmland 1 278 278 287 287 Residential real estate - -  Commercial real estate 2 315 430 745 691 755 Consumer - - -  3 $ $  278 $  315 430 $  1, 023 978 $  1, 042 2013 2012 Land 985 575 Building and leasehold improvements 5, 584 2, 842 Furniture, fixtures and equipment 2, 121 1, 654 Software 709 702 Construction in process 5 1, 442 9, 404 7, 215 Accumulated depreciation 3, 099)  2, 722)  6, 305 4, 493 2013 2012 Demand, non - interest bearing 23, 635 31, 972 Demand, interest bearing 32, 945 31, 179 Savings and money market 96, 919 89, 645 Time, $ 100, 000 and over 28, 936 29, 721 Time, other 62, 536 63, 585 244, 971 246, 102 26 26