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Premises and Equipment (Tables)
3 Months Ended
Mar. 31, 2020
Premises and Equipment  
Schedule of Premises and equipment

Premises and equipment are summarized as follows as of March 31, 2020 and December 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

Range of

 

March 31, 

 

December 31, 

 

 

Useful Lives

    

2020

    

2019

Land

 

N/A

 

$

5,174

 

$

5,174

Building

 

15 - 39 Years

 

 

3,487

 

 

3,487

Leasehold Improvements

 

3 ‑ 10 Years

 

 

3,344

 

 

3,344

Furniture and Equipment

 

3 ‑ 5 Years

 

 

4,838

 

 

3,902

Construction in Progress

 

N/A

 

 

23,586

 

 

16,693

Subtotal

 

 

 

 

40,429

 

 

32,600

Accumulated Depreciation

 

 

 

 

(5,158)

 

 

(4,972)

Totals

 

 

 

$

35,271

 

$

27,628