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PREMISES & EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2019

PREMISES & EQUIPMENT [Abstract]

Summary of Premises and Equipment

Premises and equipment at December 31, 2019 and 2018 are summarized as follows (in thousands):

		December 31,
		2019				2018
Land		$	5,110			$	5,110
Buildings			17,835				17,496
Furniture, fixtures and equipment			6,916				6,798
Construction in process			192				300
			30,053				29,704
Less: accumulated depreciation			14,120				13,431
Premises and equipment, net		$	15,933			$	16,273

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- References

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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