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Employee benefit plan
12 Months Ended
Dec. 31, 2011
Defined Contribution Pension And Other Postretirement Plans Disclosure Abstract  
Pension And Other Postretirement Benefits Disclosure Text Block

NOTE 14: EMPLOYEE BENEFIT PLAN

 

The Company has a 401(k) Plan that covers substantially all employees. Participants may contribute up to 10% of eligible compensation subject to certain limits based on federal tax laws. The Company's matching contributions to the Plan are determined by the board of directors. Participants become 20% vested in their accounts after two years of service and 100% vested after six years of service. Company matching contributions to the Plan were $110 thousand, $113 thousand, and $120 thousand for the years ended December 31, 2011, 2010 and 2009, respectively, and are included in salaries and benefits expense.