HVBC 2016 Annual Report

32 Item 2 . Properties As of June 30, 2017, the net book value of our office properties (including leasehold improvements) was $1.3 million. The following table sets forth information regarding our offices (in thousands): Location Leased or Owner Year Acquired or Leased Net Book Value of Real Property Administrative Offices: Executive Office: 3501 Masons Mill Road Suite 401 Huntingdon Valley, PA 19006 Leased 2011 $ — Mortgage Production Office: 1388 W. Street Road Warminster, PA 18974 Leased 2010 45 Mortgage Origination Office: 539 Bethlehem Pike Montgomeryville, PA 18936 Leased 2013 — Banking Offices: Main Office: 2617 Huntingdon Pike Huntingdon Valley, PA 19006 Leased 2006 — Plumsteadville: 5725 Easton Road Plumsteadville, PA 18949 Owned 2002 1,152 Warrington Plaza Shopping Center: Route 611 & Street Road Warrington, PA 18976 Leased 1994 39 Justa Farm Shopping Center: 1900 County Line Road Huntingdon, PA 19006 Leased 1995 96 Limited Service Office: 8580 Verree Road Philadelphia, PA 19111 Leased 2007 — Item 3. Legal Proceedings The Company and its subsidiaries are subject to various legal actions arising in the normal course of business. In the opinion of management, the resolution of these legal actions as of June 30, 2017 is not expected to have a material adverse effect on the Company’s financial condition, results of operations or cash flows. Item 4. Mine Safety Disclosures Not applicable.