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Bank Premises and Equipment
12 Months Ended
Dec. 31, 2011
Bank Premises and Equipment [Abstract]  
BANK PREMISES AND EQUIPMENT

(5)    BANK PREMISES AND EQUIPMENT

Bank premises and equipment at December 31, were as follows:

 

                         
    2011     2010     Estimated
Useful Life
 
    (Dollars In Thousands)     (In Years)  

Cost:

                       

Land

  $ 11,523     $ 11,873       N/A  

Bank Premises

    21,438       21,698       5-39  

Leasehold Improvements

    18,744       16,650       1-15  

Furniture and Equipment

    38,857       44,914       2-10  
   

 

 

   

 

 

         

Total Cost

    90,562       95,135          
   

 

 

   

 

 

         

Accumulated Depreciation

    (42,310     (49,423        
   

 

 

   

 

 

         

Net Bank Premises and Equipment

  $ 48,252     $ 45,712          
   

 

 

   

 

 

         

Depreciation expense related to bank premises and equipment was $4.9 million in 2011, $5.2 million in 2010, and $4.6 million in 2009, which is included in occupancy and equipment expense and other noninterest expense.