XML 58 R38.htm IDEA: XBRL DOCUMENT v3.7.0.1
Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2016
Property Plant And Equipment [Abstract]  
Premises and Equipment

Year-end premises and equipment were as follows:

 

 

 

 

2016

 

 

 

2015

 

Land

 

$

4,972

 

 

$

5,833

 

Buildings

 

 

25,064

 

 

 

24,724

 

Furniture, fixtures and equipment

 

 

14,169

 

 

 

13,485

 

Leasehold Improvements

 

 

466

 

 

 

450

 

 

 

 

44,671

 

 

 

44,492

 

Less accumulated depreciation

 

 

(21,446

)

 

 

(20,302

)

NET BOOK VALUE

 

$

23,225

 

 

$

24,190

 

 

Rent Commitments

The Company leases certain branch properties under operating leases.  Rent expense was $362, $332, and $323 thousand for 2016, 2015 and 2014, respectively.  In addition to rent expense, under the leases, common area maintenance and property taxes are paid and the amount can fluctuate according to the costs incurred.  Rent commitments, before considering renewal options that generally are present, were as follows:

 

2017

 

$

361

 

2018

 

 

339

 

2019

 

 

336

 

2020

 

 

299

 

2021

 

 

283

 

Thereafter

 

 

1,121

 

TOTAL

 

$

2,739