BANK PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2020

NOTE 6 – BANK PREMISES AND EQUIPMENT

Bank premises and equipment are stated at cost less accumulated depreciation as of December 31 as follows:


	2020		2019
	(dollars in thousands)
Land, buildings, and improvements	$	75,790	$	75,878
Furniture, fixtures, and equipment		23,035		21,200
Total bank premises and equipment		98,825		97,078
Less accumulated depreciation		45,921		43,091
Total bank premises and equipment, net	$	52,904	$	53,987

Depreciation expense by category for the years ended December 31 is as follows:


	Year Ended December 31,
	2020		2019		2018
	(dollars in thousands)
Buildings and improvements	$	1,761	$	1,813	$	2,107
Furniture, fixtures, and equipment		1,180		896		1,112
Total depreciation expense	$	2,941	$	2,709	$	3,219