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PREMISES AND EQUIPMENT:
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment, Gross [Abstract]  
PREMISES AND EQUIPMENT
PREMISES AND EQUIPMENT:
 
Premises and equipment are summarized as follows:
 
 
December 31,
(Dollar amounts in thousands)
 
2016
 
2015
Land
 
$
12,265

 
$
11,627

Building and leasehold improvements
 
55,711

 
55,532

Furniture and equipment
 
44,608

 
46,796

 
 
112,584

 
113,955

Less accumulated depreciation
 
(63,344
)
 
(63,424
)
TOTAL
 
$
49,240

 
$
50,531


 
Aggregate depreciation expense was $4.34 million, $4.66 million and $4.98 million for 2016, 2015 and 2014, respectively.
 
The Company leases certain branch properties and equipment under operating leases. Rent expense was $0.9 million, $0.9 million, and $0.9 million for 2016, 2015, and 2014. Rent commitments, before considering renewal options that generally are present, were as follows:
2017
$
647

2018
504

2019
356

2020
187

2021
74

Thereafter
1,118

 
$
2,886