XML 43 R13.htm IDEA: XBRL DOCUMENT v3.6.0.2
Premises and Equipment
12 Months Ended
Dec. 31, 2016
Premises and Equipment [Abstract]  
PREMISES AND EQUIPMENT

NOTE 5 - PREMISES AND EQUIPMENT

Components of premises and equipment at December 31 are as follows:







 

 

 

 

 



 

 

 

 

 



2016

 

2015



(In Thousands)

Land and improvements

$

2,925 

 

$

2,316 

Buildings and improvements

 

17,662 

 

 

9,857 

Furniture and equipment

 

6,351 

 

 

4,415 



 

26,938 

 

 

16,588 

Accumulated depreciation

 

(13,407)

 

 

(10,116)



 

 

 

 

 



$

13,531 

 

$

6,472 



Depreciation expense totaled $726,000,  $551,000 and $572,000 for the years ended December 31, 2016, 2015 and 2014, respectively.
 

Certain facilities are leased under various operating leases. Rental expense for these leases was $367,000,  $341,000 and $338,000, respectively, for the years ended December 31, 2016, 2015 and 2014. Future minimum rental commitments under noncancellable leases as of December 31, 2016 were as follows (in thousands):





 

 



 

 

2017

$

381 

2018

 

381 

2019

 

386 

2020

 

394 

2021

 

311 

Thereafter

 

1,617 



$

3,470