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Premises and Equipment
9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Premises and Equipment PREMISES AND EQUIPMENT
Premises and equipment were as follows at September 30, 2020 and December 31, 2019:
(Dollars in thousands)September 30, 2020December 31, 2019
Land$3,514 $2,254 
Buildings10,656 9,825 
Leasehold improvements2,993 2,714 
Furniture, fixtures and equipment7,231 6,539 
Total premises and equipment$24,394 $21,332 
Less: Accumulated depreciation8,748 7,494 
Net premises and equipment$15,646 $13,838 
Depreciation expense was $426 thousand and $326 thousand for the three months ended September 30, 2020 and 2019, and $1.3 million and $986 thousand for the nine months ended September 30, 2020 and 2019, respectively.
Most of the Company's branch facilities are rented under non-cancelable operating lease agreements. Total rent expense was $450 thousand and $307 thousand for the three months ended September 30, 2020 and 2019, and $1.4 million and $840 thousand for the nine months ended September 30, 2020 and 2019, respectively.