PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2020

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):

	2020		2019
Land	$	4,286	$	4,349
Buildings and improvements		30,637		26,711
Furniture, fixtures, and equipment		17,230		15,483
Construction in progress		186		1,555
Total cost basis		52,339		48,098
Less - accumulated depreciation		26,821		24,490
Net book value	$	25,518	$	23,608

Depreciation of premises and equipment charged to operating expenses amounted to $2.798 million in 2020 and $2.684 million in 2019.