PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2018

PREMISES AND EQUIPMENT [Abstract]

PREMISES AND EQUIPMENT [Abstract]

NOTE 6. PREMISES AND EQUIPMENT

The following table provides information on premises and equipment for our continuing operations at December 31, 2018 and 2017.

(Dollars in thousands)	2018		2017
Land	$	7,884	$	7,884
Buildings and land improvements		20,597		20,265
Furniture and equipment		6,387		5,665
		34,868		33,814
Accumulated depreciation		(12,157)		(11,184)
Total	$	22,711	$	22,630

Depreciation expense of continuing operations totaled $1.0 million for 2018 and $1.0 million for 2017.

The Company leases facilities under operating leases. Rental expense of continuing operations for the years ended December 31, 20182017 was $475 thousand, and $460 thousand, respectively. Future minimum annual rental payments excluding discontinued operations are approximately as follows:

(Dollars in thousands)
2019	$	463
2020		217
2021		170
2022		176
2023		178
Thereafter		235
Total minimum lease payments	$	1,439