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Company Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Summary of Premises and Equipment
A summary of the cost and accumulated depreciation and amortization of Company premises and equipment as of December 31, 2017 and 2016 is as follows:
 
Estimated
Useful lives
 
2017
 
2016
 
 
 
(Amounts in thousands)
Land
 
 
$
1,044

 
$
820

Building and improvements
17 years
 
6,948

 
5,352

Furniture and equipment
6 years
 
3,182

 
2,854

Total premises and equipment
 
 
11,174

 
9,026

Less: accumulated depreciation and amortization
 
 
(4,149
)
 
(3,829
)
Premises and equipment, net
 
 
$
7,025

 
$
5,197

Schedule of Future Minimum Rental Payments for Operating Leases
At December 31, 2017, the required future minimum rental payments under these leases and other equipment operating leases are as follows:
Years Ending December 31,
(Amounts in thousands)
2018
$
309

2019
319

2020
320

2021
326

2022
290

Thereafter
700

Total minimum lease payments
$
2,264