BANK PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2019

BANK PREMISES AND EQUIPMENT [Abstract]

BANK PREMISES AND EQUIPMENT

5.          BANK PREMISES AND EQUIPMENT

Bank premises and equipment as of December 31, 2019 and 2018 were as follows (in thousands):

	2019		2018
Land	$	8,139	$	8,139
Land improvements		1,558		1,558
Building and improvements		23,164		23,132
Leasehold improvements		2,933		2,933
Furniture and equipment		8,789		8,349
Construction in progress		719		133
		45,302		44,244
Less accumulated depreciation and amortization		14,118		11,892
Bank premises and equipment, net	$	31,184	$	32,352

Depreciation and amortization expense related to bank premises and equipment for 2019, 2018 and 2017 was $2.3 million, $3.3 million and $2.2 million, respectively.