Premises and Equipment And Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

A summary of the cost and accumulated depreciation of premises and equipment at December 31, 2019 and 2018 follows:

(dollars in thousands)	December 31,
	2019		2018
Land	$	4,406	$	4,358
Building and improvements	25,001		25,198
Furniture and equipment	10,149		9,715
Automobiles	256		303
Total cost	39,812		39,574
Less accumulated depreciation	18,150		16,652
Premises and equipment, net	$	21,662	$	22,922

Schedule of operating lease liabilities

A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows:

(dollars in thousands)
Lease payments due:
Within one year	$	697
After one but within two years	670
After two but within three years	602
After three but within four years	612
After four but within five years	620
After five years	8,773
Total undiscounted cash flows	$	11,974
Discount on cash flows	3,479
Total lease liability	$	8,495

Schedule of Future Minimum Rental Payments for Operating Leases

Certain Bank facilities are leased under various operating leases. Rent expense was $854,000, $974,000 and $761,000 for the years ended December 31, 2019, 2018 and 2017, respectively. Future minimum rental commitments under non-cancellable operating leases are as follows at December 31, 2019:

(dollar in thousands)
2020	$	697
2021	670
2022	602
2023	612
2024	620
Thereafter	8,773
Total	$	11,974