Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2015
Property Plant And Equipment [Abstract]  
Premises and Equipment

Year-end premises and equipment were as follows:

 

 

 

 

2015

 

 

 

2014

 

Land

 

$

5,833

 

 

$

3,143

 

Buildings

 

 

24,724

 

 

 

20,842

 

Furniture, fixtures and equipment

 

 

13,485

 

 

 

11,651

 

Leasehold Improvements

 

 

450

 

 

 

247

 

 

 

 

44,492

 

 

 

35,883

 

Less accumulated depreciation

 

 

(20,302

)

 

 

(18,834

)

NET BOOK VALUE

 

$

24,190

 

 

$

17,049

 

 

Rent Commitments

The Company leases certain branch properties under operating leases. Rent expense was $332, $323, and $302 thousand for 2015, 2014 and 2013. In addition to rent expense, under the leases, common area maintenance and property taxes are paid and the amount can fluctuate according to the costs incurred. Rent commitments, before considering renewal options that generally are present, were as follows:

 

2016

 

$

307

 

2017

 

 

319

 

2018

 

 

306

 

2019

 

 

303

 

2020

 

 

267

 

Thereafter

 

 

1,380

 

TOTAL

 

$

2,882