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Land, Premises and Equipment, Net
12 Months Ended
Dec. 31, 2020
Land, Premises and Equipment, Net  
Land, Premises and Equipment, Net

NOTE 7 Land, Premises and Equipment, Net

Components of land, premises and equipment at December 31, 2020 and 2019 are as follows:

December 31, 

December 31, 

(dollars in thousands)

    

2020

    

2019

Land

$

4,542

$

4,542

Buildings and improvements

 

25,391

 

25,078

Finance lease

2,657

2,657

Furniture, fixtures, and equipment

 

33,598

 

31,859

 

66,188

 

64,136

Less accumulated depreciation

 

(45,899)

 

(43,507)

Total

$

20,289

$

20,629

Depreciation expense for years ended December 31, 2020, 2019, and 2018 amounted to $3.9 million, $3.6 million, and $3.2 million, respectively.