Premises And Equipment

12 Months Ended

Dec. 31, 2011

6.	PREMISES AND EQUIPMENT

Premises and equipment consists of the following: (dollars in thousands)

	Dec 2011			Dec 2010
Land	$	4,151		$	2,992
Buildings and improvements		15,983			15,977
Furniture and equipment		8,027			7,993
Total		28,161			26,962
Accumulated depreciation		(11,544	)		(10,734	)
Total Premises and Equipment	$	16,617		$	16,228

Depreciation expense included in operations for the years ended December 31, 2011 and 2010 totaled $1.3 million and $1.4 million, 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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