Land, Premises and Equipment, Net

12 Months Ended

Dec. 31, 2021

Land, Premises and Equipment, Net

Land, Premises and Equipment, Net

NOTE 7 Land, Premises and Equipment, Net

Components of land, premises and equipment at December 31, 2021 and 2020 were as follows:

	December 31,		December 31,
(dollars in thousands)	2021		2020
Land	$	4,542	$	4,542
Buildings and improvements		25,633		25,391
Finance lease		2,657		2,657
Furniture, fixtures, and equipment		35,063		33,598
		67,895		66,188
Less accumulated depreciation		(49,525)		(45,899)
Total	$	18,370	$	20,289

Depreciation expense for the years ended December 31, 2021, 2020, and 2019 amounted to $3.6 million, $3.9 million, and $3.6 million, respectively.