Office Properties and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

The components of office properties and equipment as of December 31, 2011 and 2010 are as follows (in thousands):



	December 31,
	2012			2011
Land	$	5,225		$	5,225
Buildings and improvements	35,947			35,618
Construction in progress	65			65
Furniture and equipment	18,073			19,190
	59,310			60,098
Less accumulated depreciation	(23,857		)	(22,411		)
	$	35,453		$	37,687

Total depreciation expense in the years ended December 31, 2012, 2011, and 2010 was approximately $2.6 million, $3.0 million, and $3.1 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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