Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Premises and equipment are summarized as follows:

	Estimated Useful Life (Years)	2020		2019
	(dollars in thousands)
Land	-	$	7,232	$	2,403
Buildings	10-25		15,159		15,159
Furniture, fixtures and equipment	3-7		40,930		35,637
Leasehold improvements	10-20		28,860		16,842
Subtotal			92,181		70,041
Less: accumulated depreciation, amortization and fair value adjustments			62,073		50,805
Total premises and equipment, net		$	30,108	$	19,236

Schedule of Capital Lease in Premises and Equipment [Table Text Block]

The Company has included this lease in premises and equipment as follows:

	2020		2019
	(dollars in thousands)
Capital Lease	$	3,408	$	3,408
Less: accumulated amortization		2,038		1,867
	$	1,370	$	1,541

Schedule of Future Minimum Lease Payments for Finance Leases [Table Text Block]

The following is a schedule by year of future minimum lease payments under the finance lease, together with the present value of net minimum lease payments as of December 31, 2020 (dollars in thousands):

2021	$	321
2022		321
2023		323
2024		353
2025		353
Thereafter		1,029
Total minimum lease payments		2,700
Less amount representing interest		567
Present value of net minimum lease payments	$	2,133

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows:

	December 31, 2020
	(dollars in thousands)
Lease payments due:
Less than 1 year	$	4,229
1 year through less than 2 years		3,378
2 years through less than 3 years		3,060
3 years through less than 4 years		2,523
4 years through 5 years		2,231
After 5 years		4,435
Total undiscounted cash flows		19,856
Impact of discounting		(1,830	)
Total lease liability	$	18,026