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PREMISES AND EQUIPMENT | 12 Months Ended
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Dec. 31, 2021
PREMISES AND EQUIPMENT |
PREMISES AND EQUIPMENT | NOTE 6. PREMISES AND EQUIPMENT Premises and equipment at December 31, 2021 and December 31, 2020 are summarized as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
(Dollars in thousands) | ​ | 2021 | ​ | 2020
Land | ​ | $ | 1,732 | ​ | $ | 1,443
Buildings and improvements | ​ |  | 6,013 | ​ |  | 5,058
Furniture, fixtures and equipment | ​ |  | 1,763 | ​ |  | 1,514
Automobiles | ​ |  | 92 | ​ |  | 122
Renovation in process | ​ |  | 13 | ​ |  | 5
Total premises and equipment | ​ |  | 9,613 | ​ |  | 8,142
Accumulated depreciation | ​ |  | (3,036) | ​ |  | (2,653)
Total premises and equipment, net | ​ | $ | 6,577 | ​ | $ | 5,489
​ Depreciation expense totaled $424,000 and $347,000 for the years ended December 31, 2021 and 2020.

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