Premises, Equipment and Depreciation

12 Months Ended

Dec. 31, 2019

Premises, Equipment and Depreciation

Premises, Equipment and Depreciation

Note 4. Premises, Equipment and Depreciation

A summary of premises and equipment, at cost, and accumulated depreciation is as follows:

	2019		2018
Land	$	2,917	$	2,753
Buildings and improvements		12,106		8,724
Furniture and equipment		14,360		12,841
Total premises and equipment		29,383		24,318
Less: accumulated depreciation		15,678		14,270
Net premises and equipment	$	13,705	$	10,048

Depreciation expense totaled $1.2 million and $925 thousand for the years ended December 31, 2019, and 2018, respectively.