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Equipment, Property and Improvements
 12 Months Ended
Dec. 31, 2020
Property Plant And Equipment [Abstract]  
Equipment, Property and Improvements

NOTE 8 – EQUIPMENT, PROPERTY AND IMPROVEMENTS

The following table shows equipment, property and improvements as of December 31, 2020 and 2019:

 

 

 

2020

 

 

2019

 

Buildings and improvements

 

$

1,050

 

 

$

1,012

 

Equipment, furniture and fixtures

 

 

763

 

 

 

713

 

Land

 

 

43

 

 

 

43

 

Equipment, property and improvements, at cost

 

 

1,856

 

 

 

1,768

 

Less: accumulated depreciation and amortization

 

 

1,236

 

 

 

1,152

 

Equipment, property and improvements, net

 

$

620

 

 

$

616

 

 

Depreciation and amortization expense on equipment, property and improvements of $125, $115 and $94 is included in the Consolidated Statements of Income within the occupancy and equipment and communications and data processing line items for the years ended December 31, 2020, 2019, and 2018, respectively.

 

The Partnership's capital expenditures were $129, $176 and $105 for the years ended December 31, 2020, 2019, and 2018, respectively.  The capital expenditures in 2020 were primarily related to facilities improvements in branch offices, as well as for software and other technology support.