Bank Premises And Equipment, Net

12 Months Ended

Dec. 31, 2011

Bank Premises And Equipment, Net [Abstract]

NOTE 6. Bank Premises and Equipment, Net

The major classes of bank premises and equipment and the total accumulated depreciation at December 31, 2011 and 2010 were as follows:


	December 31,
		2011		2010
	(in thousands)
Land	$	3,727	$	4,004
Buildings and improvements		14,914		14,799
Furniture and equipment		7,063		6,749
	$	25,704	$	25,552
Less accumulated depreciation		10,504		9,840
Bank premises and equipment, net	$	15,200	$	15,712

Depreciation expense on buildings and improvements was $443,000, $404,000, and $388,000 for the years ended December 31, 2011, 2010, and 2009, respectively. Depreciation expense on furniture and equipment was $400,000, $375,000, and $390,000 for the years ended December 31, 2011, 2010, and 2009, respectively.

The Bank leases certain facilities under operating leases, which expire at various dates through 2032. These leases require payment of certain operating expenses and contain renewal options. The total minimum rental commitment at December 31, 2011 under these leases was due as follows:


	December 31, 2011
	(in thousands)
2012	$	104
2013		82
2014		50
2015		50
2016		50
Thereafter		804
	$	1,140

The total building and equipment rental expense was $147,000, $176,000, and $174,000 in 2011, 2010, and 2009, respectively.

- 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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