PREMISES AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Schedule of Premises and Equipment

The following table presents the components of premises and equipment at December 31,:

(Dollars in thousands)	2020		2019
Land	$	3,936	$	3,105
Buildings and improvements	14,350		13,352
Furniture, fixtures and equipment	18,701		15,553
Construction in progress	326		1,019
Leasehold improvements	3,079		1,985
	40,392		35,014
Accumulated depreciation	(14,189)		(13,040)
Premises and equipment, net	$	26,203	$	21,974

Summary of Lease Cost

Lease costs were as follows:

(Dollars in thousands)	December 31, 2020		December 31, 2019
Amortization of right-of-use assets, finance leases	$	65	$	77
Interest on lease liabilities, finance leases	4		6
Operating lease cost	2,072		2,120
Short-term lease cost	27		72
Variable lease cost	38		38
Total lease cost	$	2,206	$	2,313

Summary of Finance Lease Liability

Future minimum payments for finance leases and operating leases with initial or remaining terms of one year or more are as follows:

	December 31, 2020
(Dollars in thousands)	Finance Leases		Operating Leases
2021	$	68	$	1,779
2022	59		1,623
2023	41		1,825
2024	5		1,779
2025	5		1,709
2026 and thereafter	4		14,280
Total future minimum lease payments	$	182	$	22,995
Less: Amounts representing interest	(6)		(4,723)
Present value of net future minimum lease payments	$	176	$	18,272

Summary of Operating Lease Liability

Future minimum payments for finance leases and operating leases with initial or remaining terms of one year or more are as follows:

	December 31, 2020
(Dollars in thousands)	Finance Leases		Operating Leases
2021	$	68	$	1,779
2022	59		1,623
2023	41		1,825
2024	5		1,779
2025	5		1,709
2026 and thereafter	4		14,280
Total future minimum lease payments	$	182	$	22,995
Less: Amounts representing interest	(6)		(4,723)
Present value of net future minimum lease payments	$	176	$	18,272