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PREMISES & EQUIPMENT (Tables) | 12 Months Ended
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Dec. 31, 2021
PREMISES & EQUIPMENT [Abstract] |
Summary of Premises and Equipment | Premises and equipment at December 31, 2021 and 2020 are summarized as follows (in thousands):
|  | December 31, |
|  | 2021 |  |  | 2020 |
Land |  | $ | 5,462 |  |  | $ | 5,385 |
Buildings |  |  | 20,094 |  |  |  | 19,373 |
Furniture, fixtures and equipment |  |  | 7,275 |  |  |  | 7,046 |
Construction in process |  |  | 67 |  |  |  | 147 |
|  |  | 32,898 |  |  |  | 31,951 |
Less: accumulated depreciation |  |  | 15,882 |  |  |  | 15,003 |
Premises and equipment, net |  | $ | 17,016 |  |  | $ | 16,948 |

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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=120391452&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 + Details
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