PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2018

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT

NOTE 5 — PREMISES AND EQUIPMENT

Details of premises and equipment at December 31 are as follows (dollars in thousands):

	2018		2017
Land	$	4,417	$	2,998
Buildings and improvements		23,283		18,473
Furniture, fixtures, and equipment		13,428		11,178
Construction in progress		540		—
Total cost basis		41,668		32,649
Less - accumulated depreciation		18,885		16,359
Net book value	$	22,783	$	16,290

Depreciation of premises and equipment charged to operating expenses amounted to $2.432 million in 2018 and $1.978 million in 2017.