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Bank Premises and Equipment, Net | 12 Months Ended
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Dec. 31, 2020
Property Plant And Equipment [Abstract] |
Bank Premises and Equipment, Net | NOTE 6. Bank Premises and Equipment, Net The major classes of bank premises and equipment and the total accumulated depreciation at December 31, 2020 and 2019 were as follows:
|  | December 31, |
|  | 2020 |  |  | 2019 |
|  | (in thousands) |
Land |  | $ | 6,644 |  |  | $ | 6,644 |
Buildings and improvements |  |  | 18,498 |  |  |  | 18,472 |
Furniture and equipment |  |  | 8,358 |  |  |  | 7,972 |
|  | $ | 33,500 |  |  | $ | 33,088 |
Less accumulated depreciation |  |  | 14,775 |  |  |  | 13,791 |
Bank premises and equipment, net |  | $ | 18,725 |  |  | $ | 19,297 |
Depreciation expense on buildings and improvements was $500 thousand and $494 thousand for the years ended 2020 and 2019, respectively. Depreciation expense on furniture and equipment was $527 thousand and $463 thousand for the years ended 2020 and 2019, respectively.

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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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