Office Buildings and Equipment

12 Months Ended

Dec. 31, 2011

Office Buildings and Equipment [Abstract]

Note 5 - Office Buildings and Equipment

(Table amounts in $ 000s)

Office and equipment consisted of the following at December 31, 2011 and 2010:

	2011			2010

Land	$	2,895		$	2,895
Office buildings and improvement		13,207			12,936
Furniture and equipment		4,663			4,650

Total cost		20,765			20,481
Accumulated depreciation		(11,696	)		(11,027	)

Net book value	$	9,069		$	9,454

Depreciation expense amounted to approximately $686,000 in 2011, $674,000 in 2010 and $632,000 in 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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