PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2012

9. PREMISES AND EQUIPMENT

Premises and equipment consisted of the following as of December 31, 2012 and 2011:

	December 31,
	2012			2011
	(Dollars in thousands)

Land	$	9,006		$	9,006
Office buildings and improvements	91,512			89,846
Furniture, fixtures and equipment	34,980			33,730
	135,498			132,582
Accumulated depreciation and amortization	(86,739		)	(81,168		)
Net premises and equipment	$	48,759		$	51,414

Depreciation and amortization of premises and equipment were charged to the following operating expenses:

	Year Ended December 31,
	2012		2011		2010
	(Dollars in thousands)

Net occupancy	$	3,723	$	3,641	$	3,988
Equipment	2,628		3,083		3,749
Total	$	6,351	$	6,724	$	7,737

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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