Premises and Equipment

12 Months Ended

Dec. 31, 2016

Property Plant And Equipment [Abstract]

Premises and Equipment

NOTE 6 — PREMISES AND EQUIPMENT

Premises and equipment at December 31, 2016 and 2015 consisted of the following:

	December 31,			December 31,
(Dollars in thousands)	2016			2015
Land	$	6,844		$	4,866
Buildings		30,646			12,084
Leasehold improvements		4,667			4,179
Furniture, fixtures and equipment		11,112			6,554
		53,269			27,683
Accumulated depreciation		(7,809	)		(5,456	)
	$	45,460		$	22,227

Depreciation expense was $2,817,000, $2,143,000 and $1,946,000 for the years ended December 31, 2016, 2015 and 2014, respectively.

The Company leases certain properties and equipment under operating leases. Rent expense was $2,053,000, $1,985,000 and $1,771,000 for the years ended December 31, 2016, 2015 and 2014, respectively. Rent commitments at December 31, 2016, before considering renewal options that generally are present, were as follows:

(Dollars in thousands)
2017	$	1,894
2018		1,566
2019		1,167
2020		1,156
2021		425
Thereafter		12
	$	6,220