Premises and Equipment

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Premises and Equipment

Note 5
Premises and Equipment

A summary of premises and equipment is as follows:

	December 31,
(In thousands)	2017		2016
Land	$	873	$	873
Buildings		13,386		13,087
Leasehold improvements		2,120		2,098
Furniture, fixtures and equipment		14,801		13,248
Purchased software		4,819		4,704
Internally developed software		16,485		14,377
		52,484		48,387
Less accumulated depreciation		30,898		27,301
Total	$	21,586	$	21,086

Total depreciation charged to expense in 2017, 2016 and 2015 amounted to $3,627,000, $3,245,000 and $3,008,000, respectively.

The Company and its subsidiaries lease various premises and equipment under operating lease agreements which expire at various dates through 2023. Rental expense for 2017, 2016 and 2015 was $1,499,000, $1,397,000 and $1,387,000, respectively. The following is a schedule, by year, of future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2017:

(In thousands)	Amount
2018	$	1,518
2019		1,270
2020		1,245
2021		1,118
2022		1,086
2023		226
Total	$	6,463