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Premises and Equipment
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
Premises and Equipment
The major classes of premises and equipment and accumulated depreciation at December 31, were as follows:
 
2016
2015
 
(Dollars in thousands)
Land and land improvements
$
2,930

$
2,617

Building and improvements
13,057

12,288

Furniture and equipment
8,833

7,890

Construction in progress and deposits on equipment
34

442

 
24,854

23,237

Less accumulated depreciation
(11,329
)
(10,182
)
 
$
13,525

$
13,055


Depreciation included in Occupancy and Equipment expenses amounted to $1.3 million, $1.1 million and $976 thousand for the years ended December 31, 2016, 2015 and 2014, respectively.

The Company is obligated under noncancelable operating leases for premises that expire in various years through the year 2021. Options to renew for additional periods are available with these leases. Future minimum rental commitments for these leases with original or remaining terms of one year or more at December 31, 2016 were as follows:
 
 
(Dollars in thousands)

 
 
2017
$
135

 
 
2018
103

 
 
2019
65

 
 
2020
40

 
 
2021
40

 
 
 
$
383

 

Rent expense for 2016, 2015 and 2014 amounted to $144 thousand, $138 thousand and $123 thousand, respectively. Occupancy expense is shown in the consolidated statements of income, net of rental income of $220 thousand, $227 thousand and $224 thousand in 2016, 2015 and 2014, respectively.