XML 25 R14.htm IDEA: XBRL DOCUMENT v3.20.2
Premises and Equipment
 6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Premises and Equipment PREMISES AND EQUIPMENT
Premises and equipment were as follows at June 30, 2020 and December 31, 2019:
(Dollars in thousands)June 30, 2020December 31, 2019
Land$3,514  $2,254  
Buildings10,626  9,825  
Leasehold improvements2,962  2,714  
Furniture, fixtures and equipment7,103  6,539  
Total premises and equipment$24,205  $21,332  
Less: Accumulated depreciation8,323  7,494  
Net premises and equipment$15,882  $13,838  
Depreciation expense was $420 thousand and $333 thousand for the three months ended June 30, 2020 and 2019, and $833 thousand and $660 thousand for the six months ended June 30, 2020 and 2019, respectively.
Most of the Company's branch facilities are rented under non-cancelable operating lease agreements. Total rent expense was $462 thousand and $236 thousand for the three months ended June 30, 2020 and 2019, and $923 thousand and $533 thousand for the six months ended June 30, 2020 and 2019, respectively.