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Premises and Equipment
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Premises and Equipment

(9) Premises and Equipment

 

Premises and equipment consisted of the following:

 

     2021   2020 
(Dollars in thousands)  Estimated  As of December 31, 
   useful lives  2021   2020 
Land  Indefinite  $6,279   $6,279 
Office buildings and improvements  10 - 50 years   21,097    21,058 
Furniture and equipment  3 - 15 years   8,652    8,336 
Automobiles  2 - 5 years   556    567 
Total premises and equipment      36,584    36,240 
Accumulated depreciation      (15,781)   (15,747)
Total premises and equipment, net     $20,803   $20,493 

 

Depreciation expense totaled $997,000 for the year ended December 31, 2021, $987,000 for the year ended December 31, 2020, and $1.0 million during the year ended 2019 and was included in occupancy and equipment expense on the consolidated statements of earnings.