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PREMISES AND FIXED ASSETS, NET

12 Months Ended

Dec. 31, 2011

PREMISES AND FIXED ASSETS, NET [Abstract]

8. PREMISES AND FIXED ASSETS, NET

The following is a summary of premises and fixed assets, net:

	December 31, 2011			December 31, 2010
Land	$	7,237		$	7,237
Buildings		27,012			26,780
Leasehold improvements		9,689			8,654
Furniture, fixtures and equipment		21,882			19,575
		65,820			62,246
Less: accumulated depreciation and amortization		(33,174	)		(30,633	)
TOTAL	$	32,646		$	31,613

Depreciation and amortization expense amounted to approximately $2,851, $2,138 and $2,032 during 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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