Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Premises and Equipment

Premises and equipment are carried at cost and consist of the following:

As of December 31,	2019		2018
Land	$	5,100,000	$	4,852,000
Land improvements	1,100,000		1,105,000
Buildings	21,946,000		22,301,000
Equipment	12,858,000		12,461,000
	41,004,000		40,719,000
Less accumulated depreciation	19,699,000		18,663,000
	$	21,305,000	$	22,056,000

Schedule of Anticipated Rental Revenue

Future minimum receipts under lease agreements at December 31, 2019 for each of the next five years and in the aggregate are:

2020		$129,000
2021	129,000
2022	125,000
2023	41,000
2024	16,000
Thereafter	—
		$440,000