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Premises and Equipment
12 Months Ended
Dec. 31, 2019
Premises and Equipment  
Premises and Equipment

(5)      Premises and Equipment

A summary of premises and equipment at December 31, 2019 and 2018 is as follows:

 

 

 

 

 

 

 

(in thousands)

    

2019

    

2018

Land and land improvements

 

$

9,433

 

$

9,917

Buildings and improvements

 

 

34,926

 

 

35,674

Furniture and equipment

 

 

14,081

 

 

14,163

Operating leases - right of use asset

 

 

2,425

 

 

 —

Construction in progress

 

 

77

 

 

754

Total

 

 

60,942

 

 

60,508

Less accumulated depreciation

 

 

25,554

 

 

25,614

Premises and equipment, net

 

$

35,388

 

$

34,894

 

Depreciation expense for the years ended December 31, 2019, 2018, and 2017 was as follows:

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     

 

 

 

 

 

 

 

 

 

(in thousands)

    

2019

    

2018

    

2017

Depreciation expense

 

$

2,062

 

$

1,797

 

$

1,735