Premises and Equipment, Net

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Note 5. Premises and Equipment, Net

Premises and equipment consists of the following:

	December 31
	2011		2010
	(in thousands)
Premises and improvements	$	9 438	$	9 438
Furniture and equipment		4 407		4 377
	$	13 845	$	13 815
Less accumulated depreciation		5 922		5 545
	$	7 923	$	8 270

Depreciation included in operating expense for 2011, 2010 and 2009 was $477 thousand, $550 thousand and $573 thousand, 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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