LAND, PREMISES AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2020

LAND, PREMISES AND EQUIPMENT, NET

LAND, PREMISES AND EQUIPMENT, NET

NOTE 6 – LAND, PREMISES AND EQUIPMENT, NET

Land, premises and equipment and related accumulated depreciation were as follows at December 31, 2020 and 2019:

(dollars in thousands)	2020		2019
Land	$	12,472	$	12,511
Premises and improvements		55,682		53,424
Equipment and furniture		38,133		38,691
Total cost		106,287		104,626
Less accumulated depreciation		46,989		44,261
Land, premises and equipment, net	$	59,298	$	60,365

The Company had land, premises and equipment of $100,000 held for sale and included in other assets as of December 31, 2020 and 2019.