PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2011

8.	PREMISES AND EQUIPMENT

	December 31,		December 31,
	2011		2010
	(in thousands)

Premises	$	61,221	$	59,569
Furniture and equipment		24,874		22,949
		86,095		82,518
Less: accumulated depreciation		35,500		32,374
Total	$	50,595	$	50,144

During the year ended December 31, 2011, assets with accumulated depreciation of $239,000 were written off.

Depreciation expense was $3.4 million, $3.2 million and $2.9 million for 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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