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LAND, PREMISES AND EQUIPMENT, NET | 12 Months Ended
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Dec. 31, 2020
LAND, PREMISES AND EQUIPMENT, NET |
LAND, PREMISES AND EQUIPMENT, NET | NOTE 6 – LAND, PREMISES AND EQUIPMENT, NET Land, premises and equipment and related accumulated depreciation were as follows at December 31, 2020 and 2019: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(dollars in thousands) |  | 2020 |  | 2019
Land | ​ | $ | 12,472 | ​ | $ | 12,511
Premises and improvements | ​ |  | 55,682 | ​ |  | 53,424
Equipment and furniture | ​ |  | 38,133 | ​ |  | 38,691
Total cost | ​ |  | 106,287 | ​ |  | 104,626
Less accumulated depreciation | ​ |  | 46,989 | ​ |  | 44,261
Land, premises and equipment, net | ​ | $ | 59,298 | ​ | $ | 60,365
​ The Company had land, premises and equipment of $100,000 held for sale and included in other assets as of December 31, 2020 and 2019.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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