PREMISES AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Schedule of Premises and Equipment

Premises and equipment at December 31, 2018 and 2017 are as follows (in thousands):

	2018		2017
Land	$	4,803	$	4,803
Buildings	41,332		41,045
Projects in progress	31		357
Equipment and furniture	38,008		37,545
Leasehold improvements	6,174		5,465
	90,348		89,215
Less accumulated depreciation and amortization	65,368		62,558
Net book value	$	24,980	$	26,657

Rent Commitments, before Considering Renewal Options

Rent commitments, before considering renewal options that generally are present, were as follows (in thousands):

Year	Estimated Expense
2019	$	897
2020	888
2021	886
2022	770
2023	620
2024 and thereafter	3,848
Total	$	7,909

Schedule of Capital Leased Assets

The Corporation has included these leases in premises and equipment as follows:

	2018			2017
Buildings	$	5,572		$	5,572
Accumulated depreciation	(1,208		)	(874		)
Net book value	$	4,364		$	4,698

Schedule of Future Minimum Lease Payments for Capital Leases

The following is a schedule by year of future minimum lease payments under the capitalized lease, together with the present value of net minimum lease payments as of December 31, 2018 (in thousands):

Year	Amount
2019	$	367
2020	376
2021	388
2022	391
2023	391
2024 and thereafter	3,639
Total minimum lease payments	5,552
Less amount representing interest	1,248
Present value of net minimum lease payments	$	4,304