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Bank Premises, Equipment and Leases
12 Months Ended
Dec. 31, 2011
Bank Premises, Equipment and Leases [Abstract]  
Bank Premises, Equipment and Leases

(8)    Bank Premises, Equipment and Leases

Bank premises and equipment are summarized as follows:

 

                 
    At December 31  
    2011     2010  
    (Dollars in thousands)  

Land

  $ 2,452     $ 2,602  

Buildings

    11,406       11,612  

Equipment

    14,514       14,451  

Purchased software

    4,295       4,105  

Leasehold improvements

    1,088       1,088  
   

 

 

   

 

 

 

Total cost

  $ 33,755     $ 33,858  

Less: accumulated depreciation and amortization

    24,787       24,213  
   

 

 

   

 

 

 

Net bank premises and equipment

  $ 8,968     $ 9,645  
   

 

 

   

 

 

 

Depreciation of Bank premises and equipment charged to noninterest expense amounted to $1,032 in 2011, $1,121 in 2010 and $1,330 in 2009. Amortization of purchased software charged to noninterest expense amounted to $196 in 2011, $236 in 2010 and $302 in 2009.

At December 31, 2011, the Bank was obligated to pay rental commitments under noncancelable operating leases on certain Bank premises and equipment as follows:

 

         
    Amount  
    (Dollars in thousands)  

2012

  $                   1,105  

2013

    850  

2014

    529  

2015

    507  

2016

    361  

2017 and thereafter

    227  
   

 

 

 

Total

  $ 3,579  
   

 

 

 

Rentals paid under leases on Corporation premises and equipment amounted to $977 in 2011, $1,118 in 2010 and $1,186 in 2009.