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Premises and Equipment | 12 Months Ended
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Dec. 31, 2020
Premises and Equipment [Abstract] |
Premises and Equipment | 10. Premises and Equipment The following table presents the components of premises and equipment at December 31, 2020 and 2019:
(in thousands) |  | 2020 |  | 2019
Land |  | $ | 6,953 |  | $ | 7,035
Land Improvements |  |  | 1,411 |  |  | 1,389
Premises |  |  | 34,701 |  |  | 33,996
Furniture and Equipment |  |  | 18,113 |  |  | 18,443
|  |  | 61,178 |  |  | 60,863
Less accumulated depreciation |  |  | (24,315) |  |  | (22,153)
Total |  | $ | 36,863 |  | $ | 38,710
The Corporation recorded depreciation expense of $3.3 million in 2020 and $3.1 million in 2019.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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