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v3.20.4

Premises and Equipment | 12 Months Ended
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Dec. 31, 2020
Premises and Equipment |
Premises and Equipment | (5) Premises and Equipment A summary of premises and equipment at December 31, 2020 and 2019 is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | 2020 |  | 2019
Land and land improvements | ​ | $ | 9,452 | ​ | $ | 9,433
Buildings and improvements | ​ |  | 35,520 | ​ |  | 34,926
Furniture and equipment | ​ |  | 13,570 | ​ |  | 14,081
Operating leases - right of use asset | ​ | ​ | 2,594 | ​ | ​ | 2,425
Construction in progress | ​ |  | 268 | ​ |  | 77
Total | ​ |  | 61,404 | ​ |  | 60,942
Less accumulated depreciation | ​ |  | 26,843 | ​ |  | 25,554
Premises and equipment, net | ​ | $ | 34,561 | ​ | $ | 35,388
​ Depreciation expense for the years ended December 31, 2020, 2019, and 2018 was as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | 2020 |  | 2019 |  | 2018
Depreciation expense | ​ | $ | 2,265 | ​ | $ | 2,062 | ​ | $ | 1,797
​

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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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