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401(K) and Profit-Sharing Plan
12 Months Ended
Dec. 31, 2011
Profit-Sharing Plan [Abstract]  
401(k) AND PROFIT-SHARING PLAN

16. 401(k) AND PROFIT-SHARING PLAN

The Bank sponsors a 401(k) and profit-sharing plan for the benefit of its employees. Employees are eligible to participate in the plan immediately upon hire. Employees may make contributions to the plan under the plan’s 401(k) component. The Bank contributes 3%, non-matching, to the plan to comply with ERISA’s safe harbor provisions. The Bank may make additional contributions under the plan’s profit-sharing component, subject to certain limitations. The Bank’s total contributions are determined by the Board of Directors and amounted to approximately $2.7 million in 2011, $1.5 million in 2010 and $2.2 million in 2009.