Supplemental Retirement Benefit Agreement

6 Months Ended

Jun. 30, 2011

Supplemental Retirement Benefit Agreement [Abstract]

Supplemental Retirement Benefit Agreement

12.  Supplemental Retirement Benefit Agreement

The Bank has entered into supplemental retirement benefit agreements (the “Agreements”) with two key executives and one retired key executive.  The Agreements provide for monthly retirement benefits in the amount of $5,000 per month for ten to fifteen years from the date they retire for the executive group as a whole.  As of June 30, 2011 and December 31, 2010, a liability (in thousands) of $344 and $347, respectively, was accrued for the Agreements.  Benefits began to be paid in January 2011.