PREMISES AND EQUIPMENT:

12 Months Ended

Dec. 31, 2020

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)	2020		2019
Land	$	17,574	$	17,574
Building and leasehold improvements	66,658		66,592
Furniture and equipment	42,167		39,715
	126,399		123,881
Less accumulated depreciation	(64,336)		(61,305)
TOTAL	$	62,063	$	62,576

Aggregate depreciation expense was $4.4 million, $3.9 million and $3.7 million for 2020, 2019 and 2018, respectively.

The Company leases certain branch properties and equipment under operating leases. Rent expense was $1.1 million, $1.1 million, and $1.0 million for 2020, 2019, and 2018. Rent commitments, before considering renewal options that generally are present, were as follows:

2021	$	851
2022	737
2023	637
2024	369
2025	237
Thereafter	795
	$	3,626

See Note 19 for additional discussion on leases.