Premises and Equipment

12 Months Ended

Dec. 31, 2011

6. Premises and Equipment

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

(in thousands)	2011		2010
Land and Buildings	$	32,832	$	31,700
Furniture, Fixtures, and Equipment		16,710		16,763
Leasehold Improvements		2,054		2,044
Subtotal		51,596		50,507
Less: Accumulated Depreciation and Amortization		27,538		26,293
Total	$	24,058	$	24,214

Depreciation and amortization on premises and equipment included in occupancy and equipment expense amounted to $1,801,000, $1,867,000, and $1,894,000 for the years ended December 31, 2011, 2010, and 2009, respectively. Total rental expense for premises was $386,000, $372,000, and $379,000 for the years ended December 31, 2011, 2010, and 2009, respectively. Rental income was $130,000, $157,000, and $178,000 for the years ended December 31, 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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