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Premises and Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Note 5
Premises and Equipment

A summary of premises and equipment is as follows:

		December 31,
(In thousands)		2011			2010
Land		$	873		$	873
Buildings			10,491			10,491
Leasehold improvements			836			1,794
Furniture, fixtures and equipment			10,072			11,247
Purchased software			5,894			5,390
Internally developed software			2,650			3,283
		$	30,816		$	33,078
Less accumulated depreciation			21,229			23,461
Total		$	9,587		$	9,617

Total depreciation charged to expense in 2011, 2010 and 2009 amounted to $1,955,000, $2,024,000, and $2,243,000, respectively.

The Company and its subsidiaries lease various premises and equipment under operating lease agreements, which expire at various dates through 2016. Rental expense for 2011, 2010 and 2009 was $598,000, $767,000 and $814,000, respectively. The following is a schedule, by year, of future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2011:

(In thousands)		Amount
2012			614
2013			487
2014			321
2015			196
2016			46
Total		$	1,664

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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