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Premises and Equipment
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Premises and Equipment

NOTE 7 - PREMISES AND EQUIPMENT

Year-end premises and equipment were as follows:

 

     2016      2015  

Land and improvements

   $ 5,094      $ 4,225  

Buildings and improvements

     20,266        20,856  

Furniture and equipment

     16,070        15,996  
  

 

 

    

 

 

 

Total

     41,430        41,077  

Accumulated depreciation

     (23,510      (24,133
  

 

 

    

 

 

 

Premises and equipment, net

   $ 17,920      $ 16,944  
  

 

 

    

 

 

 

Depreciation expense was $1,257, $1,193 and $1,176 for 2016, 2015 and 2014, respectively.

 

Rent expense was $540, $506 and $377 for 2016, 2015 and 2014, respectively. Rent commitments under non-cancelable operating leases at December 31, 2016 were as follows, before considering renewal options that generally are present.

 

    2017

   $ 537  

    2018

     362  

    2019

     319  

    2020

     104  

    2021

     56  

Thereafter

     23  
  

 

 

 

    Total

   $  1,401  
  

 

 

 

The rent commitments listed above are primarily for the leasing of seven financial services branches.