PREMISES AND EQUIPMENT:

12 Months Ended

Dec. 31, 2019

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)	2019			2018
Land	$	17,574		$	11,975
Building and leasehold improvements	66,592			56,061
Furniture and equipment	39,715			44,772
	123,881			112,808
Less accumulated depreciation	(61,305		)	(66,254		)
TOTAL	$	62,576		$	46,554

Aggregate depreciation expense was $3.90 million, $3.73 million and $3.95 million for 2019, 2018 and 2017, respectively.

The Company leases certain branch properties and equipment under operating leases. Rent expense was $1.1 million, $1.0 million, and $1.0 million for 2019, 2018, and 2017. Rent commitments, before considering renewal options that generally are present, were as follows:

2020	$	820
2021	563
2022	504
2023	402
2024	134
Thereafter	870
	$	3,293

See Note 19 for additional discussion on leases.