XML 56 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
Premises and Equipment, Net
9 Months Ended
Sep. 30, 2012
Premises and Equipment, Net [Abstract]  
PREMISES AND EQUIPMENT, NET
4. PREMISES AND EQUIPMENT, NET

Premises and equipment are comprised of the following:

 

                 
    September 30,
2012
    December 31,
2011
 

Land and improvements

  $ 8,531,000     $ 8,531,000  

Buildings

    24,539,000       24,528,000  

Furniture and equipment

    13,364,000       12,977,000  
   

 

 

   

 

 

 
      46,434,000       46,036,000  

Less: accumulated depreciation

    20,334,000       19,234,000  
   

 

 

   

 

 

 

Premises and equipment, net

  $ 26,100,000     $ 26,802,000  
   

 

 

   

 

 

 

Depreciation expense totaled $0.3 million during the third quarter of 2012, compared to $0.4 million during the third quarter of 2011. Depreciation expense totaled $1.1 million during the first nine months of 2012, compared to $1.2 million during the first nine months of 2011.