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Premises and Equipment

12 Months Ended

Dec. 31, 2019

Property Plant And Equipment [Abstract]

Premises and Equipment

Note 6. Premises and Equipment

Premises and equipment is summarized as follows:

(Dollars in thousands)	2019			2018
Buildings and land	$	12,535		$	3,109
Construction in progress		443			—
Furniture, fixtures and equipment		3,411			2,977
Software		354			377
Total Cost		16,743			6,463
Less:  Accumulated depreciation		(3,092)			(3,120)
Total, net of depreciation	$	13,651		$	3,343

Depreciation expense for 2019 and 2018 was $539 thousand and $415 thousand, 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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