Annual report pursuant to Section 13 and 15(d)

PREMISES AND EQUIPMENT - NET (Tables)

v3.8.0.1
PREMISES AND EQUIPMENT - NET (Tables)
12 Months Ended
Dec. 31, 2017
PREMISES AND EQUIPMENT - NET [Abstract]  
Premises and Equipment
Year-end premises and equipment were as follows (dollars in thousands):

   
2017
   
2016
 
Land
 
$
16,384
   
$
18,227
 
Building
   
43,625
     
43,600
 
Leasehold improvements
   
782
     
779
 
Furniture and equipment
   
21,680
     
20,576
 
Construction in progress
   
243
     
358
 
     
82,714
     
83,540
 
Less accumulated depreciation
   
(36,085
)
   
(33,514
)
   
$
46,629
   
$
50,026
 
Future Minimum Rental Expense under Noncancelable Operating Leases
Future minimum rental expense under noncancelable operating leases as of December 31, 2017 is as follows (dollars in thousands):

2018
 
$
241
 
2019
   
238
 
2020
   
132
 
2021
   
---
 
2022
   
---
 
Thereafter
   
---
 
   
$
611