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PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT

Premises and equipment at December 31 were as follows:

In thousands	2019				2018
Land	$	5,050			$	5,050
Buildings and improvements	27,915				27,509
Furniture and equipment	14,562				14,111
Construction in process	928				460
	48,455				47,130
Accumulated depreciation	(22,731		)		(20,721		)
	$	25,724			$	26,409

Depreciation expense was $2,076,000 and $2,108,000 for the years ended December 31, 2019 and 2018, respectively.

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- References

No definition available.

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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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