Premises and Equipment

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Premises and Equipment

NOTE 4 – PREMISES AND EQUIPMENT

Premises and equipment consisted of the following at December 31:

(Dollars in thousands)	2016		2015
Land and improvements	$	1,607	$	1,559
Buildings and improvements		10,365		9,702
Furniture and equipment		6,346		8,031
Leasehold improvements		191		260
		18,509		19,552
Accumulated depreciation		9,760		11,343
Premises and equipment, net	$	8,749	$	8,209

The Bank leases certain office locations. Total rental expense under these leases approximated $191 thousand, $301 thousand, and $299 thousand in 2016, 2015, and 2014, respectively. Depreciation expense amounted to $690 thousand, $660 thousand, and $653 thousand for the years ended December 31, 2016, 2015, and 2014, respectively.

Future minimum lease payments at December 31, 2016 were as follows:

(Dollars in thousands)
2017	$	152
2018		82
2019		71
Total	$	305