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Premises and Equipment
 12 Months Ended
Dec. 31, 2018
Property Plant And Equipment [Abstract]  
Premises and Equipment

Note 5 - Premises and Equipment

The major categories of banking premises and equipment and accumulated depreciation at December 31 are summarized below:

 

 

 

(In Thousands)

 

 

 

2018

 

 

2017

 

Land

 

$

5,917

 

 

$

5,892

 

Buildings (useful life 15-39 years)

 

 

24,489

 

 

 

23,977

 

Furnishings (useful life 3-15 years)

 

 

15,203

 

 

 

13,351

 

 

 

 

45,609

 

 

 

43,220

 

Less: Accumulated depreciation

 

 

(22,997

)

 

 

(21,603

)

Premises and Equipment (Net)

 

$

22,612

 

 

$

21,617

 

 

Depreciation expense for the years ended December 31, 2018, 2017 and 2016 amounted to $1.7, $1.6, and $1.5 million, respectively.

Construction in progress of $3 thousand as of December 31, 2018 related to environmental and foundation study expenses incurred for new construction in Fort Wayne, Indiana to be opened in 2019.  Construction in progress of $109 thousand as of December 31, 2017 represented remodeling expenses incurred for the Findlay office opened in first quarter 2018.