−Removed: Seven of our ten offices are leased.
+Added: Six of our nine offices are leased.
The operating leases contain renewal options and require us to pay property taxes and operating expenses for the properties.
−Removed: Our total rental expense for each of the years ended December 31, 2019 and 2018 was $1.2 million and $1.4 million, respectively.
+Added: Our total rental expense for each of the years ended December 31, 2020 and 2019 was $1.2 million.
The aggregate net book value of our land, buildings, leasehold improvements, furniture and equipment was $6.3 million at December 31, 2020.
−Removed: See also Note 7 in the Notes to Consolidated Financial Statements contained in Item 8 of this report on Form 10-K.
+Added: See also "Note 7—Premises and Equipment" in the Notes to Consolidated Financial Statements contained in "Part II.
+Added: Financial Statements and Supplementary Data" of this report on Form 10-K.
In the opinion of management, the facilities are adequate and suitable for our current needs.
We may open additional banking offices to better serve current clients and to attract new clients in subsequent years.
−Removed: We maintain depositor and borrower client files in a service bureau environment, utilizing a telecommunications network, portions of which are leased.
+Added: We maintain depositor and borrower client data on in-house servers, in the cloud and within a service bureau environment, utilizing a telecommunications network, portions of which are leased.
Management has a disaster recovery plan in place with respect to the data processing system, as well as our operations as a whole.
+Added: Table of Conten t s
Legal Proceedings
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.