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Premises And Equipment | 12 Months Ended
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Dec. 31, 2020
Premises And Equipment [Abstract] |
Premises And Equipment | Note 7. Premises and Equipment At December 31, premises and equipment consisted of:
(Dollars in thousands) | Estimated Life |  | 2020 |  | 2019
Land |  |  | $ | 3,337 |  | $ | 3,218
Buildings and leasehold improvements | 15 - 30 years, or lease term |  |  | 24,841 |  |  | 24,713
Furniture, fixtures and equipment | 3 - 10 years |  |  | 13,274 |  |  | 13,425
Total cost |  |  |  | 41,452 |  |  | 41,356
Less: Accumulated depreciation |  |  |  | (28,347) |  |  | (27,505)
Net premises and equipment |  |  | $ | 13,105 |  | $ | 13,851
The following table shows the amount of depreciation for the years ended December 31:
|  |  | 2020 |  | 2019
Depreciation expense |  |  | $ | 1,230 |  | $ | 1,259
The Corporation is in negotiation to purchase a building for a new headquarters facility. If the negotiation is successful, the current headquarters building will be sold in 2021.

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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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