Office Property and Equipment

12 Months Ended

Dec. 31, 2011

Office Property and Equipment [Abstract]

(5) OFFICE PROPERTY AND EQUIPMENT

	Estimated Useful Lives	December 31

(Dollars in thousands)	Estimated Useful Lives	2011			2010

Land		$	611		$	611
Buildings	5-31.5 years		10,882			10,796
Furniture, fixtures and equipment	2-20 years		13,513			13,103

Total cost			25,006			24,510
Less accumulated depreciation			(17,160	)		(16,262	)

Office property and equipment, net		$	7,846		$	8,248

Amounts charged to operating expense for depreciation for the years ended December 31, 2011 and 2010 amounted to $913,000 and $1.1 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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