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Premises and Equipment and Held for Sale Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2017
Premises and Equipment and Held for Sale Premises and Equipment [Abstract]  
Property, Plant and Equipment

A summary of the cost and accumulated depreciation of premises and equipment at December 31, 2017 and 2016 follows:



 



 

 

 

 



 

December 31,

(dollars in thousands)

 

2017

 

2016



 

 

 

 

Land

 

$                    4,172 

 

$                    4,172 

Building and improvements

 

23,038 

 

22,586 

Furniture and equipment

 

9,225 

 

8,989 

Automobiles

 

303 

 

313 

Total cost

 

36,738 

 

36,060 

Less accumulated depreciation

 

15,347 

 

13,855 

Premises and equipment, net

 

$                  21,391 

 

$                  22,205 



Schedule of Future Minimum Rental Payments for Operating Leases

Certain Bank facilities are leased under various operating leases. Rent expense was $761,000,  $723,000 and $701,000 for the years ended December 31, 2017, 2016 and 2015, respectively. Future minimum rental commitments under non-cancellable operating leases are as follows at December 31, 2017:







 

 

(dollar in thousands)

 

 

2018

 

$                      747 

2019

 

625 

2020

 

514 

2021

 

489 

2022

 

415 

Thereafter

 

4,019 



 

 

Total

 

$                    6,809