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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Note 6—PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:

         
   December 31, 
(Dollars in thousands)  2021   2020 
Land  $10,454   $11,166 
Premises   29,415    29,342 
Equipment   6,855    7,050 
Fixed assets in progress   (4)   62 
Property and equipment, gross   46,720    47,620 
Accumulated depreciation    13,889    13,162 
Property and Equipment Net  $32,831   $34,458 

 

Provision for depreciation included in operating expenses for the years ended December 31, 2021, 2020 and 2019 amounted to $1.7 million, $1.6 million, and $1.6 million, respectively.

 

Premises held-for-sale was $0 and $591 thousand at December 31, 2021, and December 31, 2020, respectively. Gain on premises held-for-sale was $103 thousand and $0 at December 31, 2021, and December 31, 2020, respectively. Gain on sale of fixed assets was $14 thousand and $0 at December 31, 2021, and December 31, 2020, respectively.