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PREMISES AND EQUIPMENT (Table)
12 Months Ended
Dec. 31, 2017
PREMISES AND EQUIPMENT [Abstract]  
Schedule of Property Plant and Equipment

The following table provides information on premises and equipment at December 31, 2017 and 2016.

 





 

 

 

 

 

 

(Dollars in thousands)

 

2017

 

2016

Land

 

$

7,884 

 

$

5,818 

Buildings and land improvements

 

 

20,345 

 

 

16,296 

Furniture and equipment

 

 

6,240 

 

 

6,746 



 

 

34,469 

 

 

28,860 

Accumulated depreciation

 

 

(11,415)

 

 

(12,302)

Total

 

$

23,054 

 

$

16,558 



Operating Leases of Lessee Disclosure

Future minimum annual rental payments are approximately as follows:

 





 

 

 

(Dollars in thousands)

 

 

 2018

 

$

763 

 2019

 

 

680 

 2020

 

 

471 

 2021

 

 

429 

 2022

 

 

436 

Thereafter

 

 

2,130 

Total minimum lease payments

 

$

4,909