Bank Premises and Equipment, Net |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bank Premises and Equipment, Net | Bank Premises and Equipment, Net The major classes of bank premises and equipment and the total accumulated depreciation at December 31, 2018 and 2017 were as follows:
Depreciation expense on buildings and improvements was $483 thousand, $484 thousand, and $484 thousand for the years ended 2018, 2017, and 2016, respectively. Depreciation expense on furniture and equipment was $442 thousand, $462 thousand, and $448 thousand for the years ended 2018, 2017, and 2016, respectively. As of December 31, 2018, one facility was under an operating lease, which expires in 2030. This lease requires payment of certain operating expenses and contains renewal options. The total minimum rental commitment at December 31, 2018 under this lease was due as follows:
The total building and equipment rental expense was $230 thousand, $232 thousand, and $236 thousand in 2018, 2017, and 2016, respectively. |