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Premises and Equipment
 12 Months Ended
Dec. 31, 2019
Premises and Equipment [Abstract]  
Premises and Equipment

10. PREMISES AND EQUIPMENT

Premises and equipment consist of the following:

 

 

 

 

 

 

 

(Dollars in thousands)

 

December 31, 

 

    

2019

    

2018

Land

 

$

294

 

$

1,158

Buildings and improvements

 

 

13,227

 

 

11,645

Furniture, computer software and equipment

 

 

6,630

 

 

6,217

 

 

 

20,151

 

 

19,020

Less: accumulated depreciation

 

 

(10,908)

 

 

(10,276)

 

 

$

9,243

 

$

8,744

 

Depreciation expense on premises and equipment charged to operations was $801,000 in 2019 and $815,000 in 2018.

 

The Company had no premises and equipment subject to lease agreements in which it acts as the lessor.