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LAND, PREMISES AND EQUIPMENT, NET (Tables)
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Summary of Land, Premises And Equipment
Land, premises and equipment and related accumulated depreciation were as follows at December 31, 2017 and 2016:


(dollars in thousands)
2017
 
2016
Land
 $16,172
 
 $14,799
Premises
 41,694
 
 39,722
Equipment
 34,349
 
 29,274
  Total cost  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
 92,215
 
 83,795
Less accumulated depreciation
 35,749
 
 31,703
  Land, premises and equipment, net
 $56,466
 
 $52,092
Schedule of Future Minimum Rental Payments for Operating Leases
Rent expense was $412,000 in 2017, $377,000 in 2016, and $313,000 in 2015. The following is a summary of future minimum lease commitments as of December 31, 2017:


(dollars in thousands)
2017
2018
 $427
2019
 438
2020
 464
2021
 473
2022
 485
Thereafter
 2,864
Total
 $5,151