PREMISES AND EQUIPMENT, NET - cost and accumulated depreciation of premises and equipment (Details) - USD ($) $ in Thousands	12 Months Ended
Dec. 31, 2018	Dec. 31, 2017
PREMISES AND EQUIPMENT, NET
Gross Premises and equipment	$ 16,942	$ 16,228
Less accumulated depreciation	(10,842)	(9,451)
Premises and equipment, net	6,100	6,777
Depreciation expense	1,400	1,700
Leasehold improvements, including artwork
PREMISES AND EQUIPMENT, NET
Gross Premises and equipment	10,026	9,666
Equipment and software
PREMISES AND EQUIPMENT, NET
Gross Premises and equipment	$ 6,916	$ 6,562

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

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Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

+ References

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Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

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