Premises and Equipment

12 Months Ended

Dec. 31, 2011

(8) Premises and Equipment

Premises and equipment consisted of the following:

(dollars in thousands)	December 31,
	2011			2010
Land and buildings	$	35,892		$	36,073
Furniture and equipment		12,879			11,507
Land improvements		3,536			3,491
Computer software		3,364			2,502
Construction in progress		209			767
Subtotal		55,880			54,340
Less: accumulated depreciation		(18,388	)		(16,493	)
Total	$	37,492		$	37,847

Depreciation expense on premises and equipment totaled $2.1 million for the year ended December 31, 2011 and $1.7 million for the years ended December 31, 2010 and 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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