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Premises and Equipment (Notes) | 12 Months Ended
--- | ---
Dec. 31, 2018
Property, Plant, Equipment And Leases [Abstract] |
Premises and Equipment | Year-end premises and equipment are as follows:
| December 31,
| 2018 |  | 2017
Land and land improvements | $ | 12,359 |  |  | $ | 12,265 |
Buildings and improvements | 30,602 |  |  | 29,556 |
Furniture and equipment | 10,039 |  |  | 9,678 |
Computer equipment | 4,232 |  |  | 3,983 |
| 57,232 |  |  | 55,482 |
Accumulated depreciation | (32,027 | ) |  | (30,626 | )
| $ | 25,205 |  |  | $ | 24,856 |
Depreciation of premises and equipment was $1.5 million and $2.0 million for the years ended December 31, 2018 and 2017, respectively. In December 2017, we agreed to a letter of intent to sell our corporate office building located at 15W060 North Frontage Road, Burr Ridge, Illinois. The asset was recorded in our financial statements at December 31, 2017 as premises held-for-sale at a net cost of $5.7 million. On April 23, 2018, the Bank sold its office building. A net gain of $93,000 was recorded in the second quarter of 2018 in connection with the sale. The Company leases the corporate office and certain branch facilities under non-cancelable operating lease agreements expiring in various years through 2032. Rent expense, net of sublease income, for facilities was $958,000 and $477,000 in 2018 and 2017, respectively, excluding taxes, insurance, and maintenance. The projected minimum rental expense under existing leases, not including taxes, insurance, and maintenance, as of December 31, 2018 is as follows:
2019 | $ | 927 |
2020 | 894 |
2021 | 913 |
2022 | 952 |
2023 | 939 |
Thereafter | 3,250 |
| $ | 7,875 |

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