Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2018

Details of premises and equipment, at cost, for the periods indicated, were as follows:



	2018			2017
Buildings and leasehold improvements	$	39,594		$	37,054
Furniture, fixtures and equipment	37,210			36,053
Land and land improvements	3,069			2,985
Total cost	79,873			76,092
Accumulated depreciation and amortization	(37,378		)	(34,201		)
Net premises and equipment	$	42,495		$	41,891

Depreciation and amortization expense for the periods indicated were as follows:



		For The Year Ended December 31,
Fixed Asset Type	Income Statement Line Item	2018		2017		2016
Furniture, equipment and data	Furniture, equipment and data processing	$	1,938	$	1,874	$	1,942
Premises	Net occupancy costs	1,609		1,643		1,757
Software	Furniture, equipment and data processing	218		244		275
Equipment, data and premises	Merger and acquisition costs	—		—		452
Total		$	3,765	$	3,761	$	4,426

At December 31, 2018, under current operating and capital lease contracts, the Company had the following schedule of future minimum lease payments:



	Operating		Capital
2019	$	1,420	$	179
2020	941		179
2021	726		182
2022	539		184
2023	434		184
Thereafter	1,268		1,592
Total minimum lease payments	$	5,328	2,500
Less: amount representing interest⁽¹⁾			920
Present value of net minimum lease payments⁽²⁾			$	1,580


(1)	Amount necessary to reduce net minimum lease payments to present value calculated at the Company's incremental borrowing rate at lease inception.


(2)	Reflects the liability reported within long-term borrowings on the consolidated statements of condition.