Premises and Equipment

12 Months Ended

Dec. 31, 2020

Property Plant And Equipment [Abstract]

Premises and Equipment

NOTE 8 – PREMISES AND EQUIPMENT

Year-end premises and equipment owned and utilized in the operations of the Company were as follows:

		2020			2019
Land	$	4,594		$	4,737
Buildings		24,717			24,752
Furniture, fixtures and equipment		11,646			10,304
Leasehold Improvements		541			482
Right of use assets		4,829			3,121
		46,327			43,396
Less accumulated depreciation		(20,707	)		(19,579	)
NET BOOK VALUE	$	25,620		$	23,817

Depreciation expense was $1.5 million for years ended December 31, 2020, 2019 and 2018. 

Year-end premises and equipment subject to lease agreements in which the Company acts as lessor were as follows. See NOTE - 9 for additional lease disclosures:

		2020			2019
Buildings	$	5,215		$	2,854
Equipment		794			794
		6,009			3,648
Less: accumulated amortization		(1,180	)		(527	)
TOTAL	$	4,829		$	3,121