Premises and Equipment, Net

12 Months Ended

Dec. 31, 2011

Premises and Equipment, Net [Abstract]

Note 5.

Premises and Equipment, Net

Premises and equipment consists of the following:

	2011			2010
	(In Thousands)
Land	$	2,379		$	2,379
Facilities	20,144			19,363
Furniture, fixtures, and equipment	12,861			12,345
Construction in process and deposits on equipment	1,633			1,536
	37,017			35,623
Less accumulated depreciation	(15,711		)	(14,511		)
Total	$	21,306		$	21,112

Depreciation expense was $1,585,000, $1,421,000, and $1,459,000 for the years ended December 31, 2011, 2010, and 2009, respectively.

Pursuant to the terms of non-cancelable lease agreements in effect at December 31, 2011, pertaining to banking premises and equipment, future minimum rent commitments (in thousands) under various operating leases are as follows:

2012	$	3,065
2013	2,829
2014	2,728
2015	2,423
2016	2,097
Thereafter	19,555

	$	32,697

Rent expense was $3,306,000, $2,877,000, and $2,704,000 for the years ended December 31, 2011, 2010, and 2009, 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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