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Premises and Equipment
12 Months Ended
Dec. 31, 2015
Premises and Equipment [Abstract]  
Premises and Equipment Text Block

NOTE 7: PREMISES AND EQUIPMENT

Premises and equipment at December 31, 2015 and 2014 is presented below

December 31
(Dollars in thousands)20152014
Land$6,1065,916
Buildings and improvements9,4488,606
Furniture, fixtures, and equipment3,1593,214
Total premises and equipment18,71317,736
Less: accumulated depreciation(6,847)(6,929)
Premises and equipment, net$11,86610,807

Depreciation expense was approximately $475 thousand and $380 thousand for the years ended December 31, 2015 and 2014, respectively, and is a component of net occupancy and equipment expense in the consolidated statements of earnings.