Company Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Summary of Premises and Equipment

A summary of the cost and accumulated depreciation and amortization of Company premises and equipment as of December 31, 2019 and 2018 is as follows:

	Estimated Useful lives	2019			2018
		(Dollars in thousands)
Land		$	1,044		$	1,044
Building and improvements	12 years	7,233			7,191
Furniture and equipment	5 years	3,628			3,076
Total premises and equipment		11,905			11,311
Less: accumulated depreciation and amortization		(4,959		)	(4,528		)
Premises and equipment, net		$	6,946		$	6,783