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Note 5 - Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2019
Notes Tables  
Components of premises and equipment

 

 

 

 

 

 

 

 

    

2019

    

2018

 

 

(dollars in thousands)

 

 

 

 

 

 

 

Land

 

$

13,632

 

$

15,582

Buildings (useful lives 15 to 50 years)

 

 

66,070

 

 

64,299

Furniture and equipment (useful lives 3 to 10 years)

 

 

40,228

 

 

36,399

Premises and equipment

 

 

119,930

 

 

116,280

Less accumulated depreciation

 

 

46,071

 

 

40,698

Premises and equipment, net

 

$

73,859

 

$

75,582

 

Maturities of operating lease liabilities

 

 

 

 

 

    

Amount

Year ending December 31:

    

(dollars in thousands)

2020

 

 

541

2021

 

 

327

2022

 

 

251

2023

 

 

200

2024

 

 

144

Thereafter

 

 

857

 

 

$

2,320

 

Contractual maturities of sales-type and direct financing lease receivables

 

 

 

 

 

    

Amount

Year ending December 31:

    

(dollars in thousands)

2020

 

 

12,123

2021

 

 

18,464

2022

 

 

23,520

2023

 

 

22,845

2024

 

 

16,065

  Thereafter

 

 

4,008

    Total lease payments receivable

 

$

97,025

    Unguaranteed residual values

 

 

547

    Unearned lease/residual income

 

 

(9,703)

 

 

$

87,869

    Plus deferred origination costs, net of fees

 

 

1,892

 

 

$

89,761

    Less allowance

 

 

(1,464)

  Total lease payments receivable

 

$

88,297