Premises And Equipment

12 Months Ended

Dec. 31, 2011

Note 5 — Premises and Equipment

The following table details premises and equipment: (in thousands)


	Estimated Useful Lives		2011			2010
Land		Indefinite	$	3,354		$	3,326
Premises		30 -40 years		27,830			24,601
Furniture, fixtures & equipment		2 - 7 years		26,479			25,276
Leasehold improvements		2 - 25 years		3,833			3,968

				61,496			57,171
Accumulated depreciation and amortization				(33,512	)		(31,623	)

Balance at end of year			$	27,984		$	25,548

Premises and accumulated depreciation and amortization includes amounts related to property under capital lease of $4,605,000, as of December 31, 2011 and $2,845,000 as of December 31, 2010. There were no amounts related to capital leases recorded as of December 31, 2009.

Depreciation and amortization charged to operations amounted to $2,510,000, $2,535,000, and $2,555,000 during 2011, 2010, and 2009, respectively. Depreciation and amortization charged to operations includes amounts related to property under capital lease of $167,000 and $50,000 in 2011 and 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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