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Premises and Equipment

12 Months Ended

Dec. 31, 2019

PREMISES AND EQUIPMENT [Abstract]

PREMISES AND EQUIPMENT [Abstract]

NOTE 6. PREMISES AND EQUIPMENT

The following table provides information on premises and equipment for our continuing operations at December 31, 2019 and 2018.

(Dollars in thousands)		2019			2018
Land		$	8,509		$	7,884
Buildings and land improvements			21,250			20,597
Furniture and equipment			7,354			6,387
			37,113			34,868
Accumulated depreciation			(13,292)			(12,157)
Total		$	23,821		$	22,711

Depreciation expense of continuing operations totaled $1.1 million for 2019 and $1.0 million for 2018.

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- References

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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