Premises And Equipment

12 Months Ended

Dec. 31, 2011

8. Premises and Equipment

Premises and equipment consisted of the following at December 31, 2011, and December 31, 2010:


	2011		2010
	(In thousands)
Land and land improvements	$	33,429	$	33,429
Building and building improvements		72,608		73,541
Furniture, fixtures and equipment		37,445		36,621
Leasehold improvement		12,494		12,216
Construction in process		1,314		902

		157,290		156,709
Less: Accumulated depreciation/amortization		51,329		47,253

Premises and equipment, net	$	105,961	$	109,456

The amount of depreciation/amortization included in operating expense was $6.1 million in 2011, $4.6 million in 2010, and $7.7 million in 2009.

- 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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