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Premises and Equipment | 12 Months Ended
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Dec. 31, 2019
Premises and Equipment [Abstract] |
Premises and Equipment | 9. Premises and Equipment ﻿ The following table presents the components of premises and equipment at December 31, 2019 and 2018: ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿(in thousands) |  | 2019 |  | 2018
﻿Land |  | $ | 7,035 |  | $ | 7,035
﻿Land Improvements |  |  | 1,389 |  |  | 1,343
﻿Premises |  |  | 33,996 |  |  | 30,848
﻿Furniture and Equipment |  |  | 18,443 |  |  | 20,702
﻿Capital Lease |  |  | — |  |  | 534
﻿ |  |  | 60,863 |  |  | 60,462
﻿Less accumulated depreciation |  |  | (22,153) |  |  | (22,607)
﻿Total |  | $ | 38,710 |  | $ | 37,855
﻿ The Corporation recorded depreciation expense of $3.1 million in 2019 and $2.4 million in 2018.

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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 + Details
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