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Premises and Equipment

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Premises and Equipment

(8) Premises and Equipment

Premises and equipment consisted of the following:

		Estimated		As of December 31,
(Dollars in thousands)		useful lives		2018				2017
Land		Indefinite		$	6,279			$	6,279
Office buildings and improvements		10 - 50 years			20,859				19,837
Furniture and equipment		3 - 15 years			7,675				8,589
Automobiles		2 - 5 years			585				554
Total premises and equipment					35,398				35,259
Accumulated depreciation					(14,271	)			(14,435	)
Total premises and equipment, net				$	21,127			$	20,824

Depreciation expense for the years ended December 31, 2018, 2017 and 2016 was $1.0 million, $1.0 million, and $1.1 million, respectively, and was included in occupancy and equipment on the consolidated statements of earnings.

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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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