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Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Schedule of Premises and Equipment
Details of premises and equipment, at cost, for the periods indicated, were as follows:
December 31,
(In thousands)20202019
Buildings and leasehold improvements$46,054 $46,856 
Furniture, fixtures and equipment19,916 18,915 
Land and land improvements9,238 9,198 
Total cost75,208 74,969 
Accumulated depreciation and amortization(35,324)(33,133)
Net premises and equipment$39,884 $41,836 
Depreciation and amortization expense for the periods indicated were as follows:
(In thousands)For The Year Ended
December 31,
Fixed Asset TypeIncome Statement Line Item202020192018
Furniture and equipment Furniture, equipment and data processing$2,113 $2,132 $1,938 
PremisesNet occupancy costs1,593 1,593 1,609 
SoftwareFurniture, equipment and data processing122 166 218 
Total$3,828 $3,891 $3,765 
Schedule of Capital and Operating Lease Obligations
The following summarizes expected future minimum lease payments, in accordance with ASC 840, as of December 31, 2018:
(In thousands)OperatingCapital
2019$1,420 $179 
2020941 179 
2021726 182 
2022539 184 
2023434 184 
Thereafter1,268 1,592 
Total minimum lease payments$5,328 2,500 
Less: amount representing interest(1)
920 
Present value of net minimum lease payments(2)
$1,580 
(1)     Amount necessary to reduce net minimum lease payments to present value calculated at the Company's incremental borrowing rate at lease inception.
(2)     Reflects the liability reported within long-term borrowings on the consolidated statements of condition at December 31, 2018.