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Premises and Equipment
12 Months Ended
Dec. 31, 2019
Premises and Equipment  
Premises and Equipment

6) Premises and Equipment

Premises and equipment at year‑end were as follows:

 

 

 

 

 

 

 

 

 

    

2019

    

2018

 

 

 

(Dollars in thousands)

 

Building

 

$

3,508

 

$

3,508

 

Land

 

 

2,900

 

 

2,900

 

Furniture and equipment

 

 

10,067

 

 

9,584

 

Leasehold improvements

 

 

7,372

 

 

5,645

 

 

 

 

23,847

 

 

21,637

 

Accumulated depreciation and amortization

 

 

(15,597)

 

 

(14,500)

 

Premises and equipment, net

 

$

8,250

 

$

7,137

 

 

Depreciation and amortization expense was $846,000,  $753,000, and $786,000 in 2019, 2018, and 2017, respectively.