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PREMISES AND EQUIPMENT:
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment, Gross [Abstract]  
PREMISES AND EQUIPMENT
PREMISES AND EQUIPMENT:
 
Premises and equipment are summarized as follows:
 
 
December 31,
(Dollar amounts in thousands)
 
2017
 
2016
Land
 
$
12,118

 
$
12,265

Building and leasehold improvements
 
55,854

 
55,711

Furniture and equipment
 
46,399

 
44,608

 
 
114,371

 
112,584

Less accumulated depreciation
 
(66,099
)
 
(63,344
)
TOTAL
 
$
48,272

 
$
49,240


 
Aggregate depreciation expense was $3.95 million, $4.34 million and $4.66 million for 2017, 2016 and 2015, respectively.
 
The Company leases certain branch properties and equipment under operating leases. Rent expense was $1.0 million, $0.9 million, and $0.9 million for 2017, 2016, and 2015. Rent commitments, before considering renewal options that generally are present, were as follows:
2018
$
920

2019
546

2020
382

2021
198

2022
158

Thereafter
1,019

 
$
3,223