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PREMISES AND EQUIPMENT:
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment, Gross [Abstract]  
PREMISES AND EQUIPMENT
PREMISES AND EQUIPMENT:
 
Premises and equipment are summarized as follows:
 
 
December 31,
(Dollar amounts in thousands)
 
2018
 
2017
Land
 
$
11,975

 
$
12,118

Building and leasehold improvements
 
56,061

 
55,854

Furniture and equipment
 
44,772

 
46,399

 
 
112,808

 
114,371

Less accumulated depreciation
 
(66,254
)
 
(66,099
)
TOTAL
 
$
46,554

 
$
48,272


 
Aggregate depreciation expense was $3.73 million, $3.95 million and $4.34 million for 2018, 2017 and 2016, respectively.
 
The Company leases certain branch properties and equipment under operating leases. Rent expense was $1.0 million, $1.0 million, and $0.9 million for 2018, 2017, and 2016. Rent commitments, before considering renewal options that generally are present, were as follows:
2019
$
839

2020
671

2021
572

2022
446

2023
398

Thereafter
944

 
$
3,870