Premises and Equipment

3 Months Ended

Mar. 31, 2012

(6) Premises and Equipment

Premises and equipment are comprised of the following as of March 31, 2012 and December 31, 2011:

	March 31, 2012			December 31, 2011

Land	$	7,780		$	7,780
Building		23,669			23,663
Furniture, Fixtures and Equipment		13,474			13,059
Leasehold Improvements		998			995
		45,921			45,497

Accumulated Depreciation		(20,149	)		(19,747	)
	$	25,772		$	25,750

Depreciation charged to operations totaled $402 and $455 for March 31, 2012 and March 31, 2011, respectively.

Certain Company facilities and equipment are leased under various operating leases. Rental expense approximated $77 and $97 for three months ended March 31, 2012 and March 31, 2011, 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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