Premises and Equipment

9 Months Ended

Sep. 30, 2011

(6) Premises and Equipment

Premises and equipment are comprised of the following as of September 30, 2011 and December 31, 2010:

	September 30, 2011			December 31, 2010

Land	$	7,780		$	7,788
Building		23,808			23,791
Furniture, Fixtures and Equipment		13,860			13,737
Leasehold Improvements		994			993
		46,442			46,309

Accumulated Depreciation		(20,418	)		(19,161	)
	$	26,024		$	27,148

Depreciation charged to operations totaled $1,389 and $1,631 for September 30, 2011 and September 30, 2010, respectively.

Certain Company facilities and equipment are leased under various operating leases. Rental expense approximated $288 and $281 for nine months ended September 30, 2011 and September 30, 2010, 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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