Premises and Equipment, Net

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Premises and equipment consists of the following:



(Dollars in thousands)	2015			2014
Land	$	2,068		$	1,858
Facilities	22,849			20,189
Furniture, fixtures, and equipment	11,676			11,392
Construction in process and deposits on equipment and land	1,455			2,016
	38,048			35,455
Less accumulated depreciation	(18,517		)	(17,351		)
Total	$	19,531		$	18,104

Depreciation expense was $1.3 million for the year ended December 31, 2015, $1.5 million for the year ended December 31, 2014, and $1.8 million for the year ended December 31, 2013.

Pursuant to the terms of non-cancelable lease agreements in effect at December 31, 2015, pertaining to banking premises, future minimum rent commitments (in thousands) under various operating leases are as follows:



2016	$	1,722
2017	1,563
2018	1,512
2019	1,516
2020	1,334
Thereafter	14,620
	$	22,267

Rent expense was $2.0 million, $2.8 million, and $3.7 million for the years ended December 31, 2015, 2014, and 2013, respectively, and is included in occupancy and equipment expense on the consolidated statements of income.