PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2019

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT

NOTE 8 – PREMISES AND EQUIPMENT

The components of premises and equipment at December 31, 2019 and 2018 are as follows:

(Dollars in thousands)	2019		2018
Land and land improvements	$	3,184	$	3,378
Building and building improvements		15,775		15,194
Leasehold improvements		2,925		3,351
Furniture, fixtures and equipment		9,575		8,382
Assets in progress		582		879
		32,041		31,184
Accumulated depreciation		(12,961)		(11,969)
Premises and equipment, net	$	19,080	$	19,215

During the years ended December 31, 2019 and 2018, depreciation expense totaled $1.6 million and $1.6 million, respectively.