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PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

Note 7—PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:

		December 31,
(Dollars in thousands)		2019				2018
Land		$	11,166			$	10,640
Premises			28,995				27,678
Equipment			6,284				5,323
Fixed assets in progress			88				1,656
			46,533				45,297
Accumulated depreciation			11,525				10,310
		$	35,008			$	34,987

Provision for depreciation included in operating expenses for the years ended December 31, 2019, 2018 and 2017 amounted to $1.6 million, $1.5 million, and $1.5 million, respectively.

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- References

No definition available.

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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

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