XML 29 R13.htm IDEA: XBRL DOCUMENT
v3.21.1

PREMISES AND EQUIPMENT | 12 Months Ended
--- | ---
Dec. 31, 2020
Property, Plant and Equipment [Abstract] |
PREMISES AND EQUIPMENT | PREMISES AND EQUIPMENT Premises and equipment at December 31, 2020 and 2019 are as follows (in thousands):
|  | 2020 |  | 2019
Land |  | $ | 4,803 |  |  | $ | 4,803 |
Buildings |  | 41,957 |  |  | 41,408 |
Projects in progress |  | 65 |  |  | 113 |
Equipment and furniture |  | 37,183 |  |  | 37,007 |
Leasehold improvements |  | 5,285 |  |  | 5,757 |
|  | 89,293 |  |  | 89,088 |
Less accumulated depreciation and amortization |  | 69,174 |  |  | 66,671 |
Net book value |  | $ | 20,119 |  |  | $ | 22,417 |
Depreciation expense was $2.9 million, $3.1 million and $3.4 million for 2020, 2019, and 2018, respectively. Capital Leases The Corporation leases certain buildings under capital leases. The lease arrangements require monthly payments through 2036. The Corporation has included these leases in premises and equipment as follows:
|  | 2020 |  | 2019
Buildings |  | $ | 5,572 |  |  | $ | 5,572 |
Accumulated depreciation |  | (1,875) |  |  | (1,541) |
Net book value |  | $ | 3,697 |  |  | $ | 4,031 |

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration