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Premises and Equipment
12 Months Ended
Dec. 31, 2020
Premises and Equipment [Abstract]  
Premises and Equipment

8. PREMISES AND EQUIPMENT

Premises and equipment consist of the following:

(Dollars in thousands)

December 31, 

    

2020

    

2019

Land

$

294

$

294

Buildings and improvements

 

13,351

 

13,227

Furniture, computer software and equipment

 

6,836

 

6,630

 

20,481

 

20,151

Less: accumulated depreciation

 

(11,673)

 

(10,908)

$

8,808

$

9,243

Depreciation expense on premises and equipment charged to operations was $806,000 in 2020 and $801,000 in 2019.

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