Premises and Equipment

12 Months Ended

Dec. 31, 2018

Premises and Equipment

Premises and Equipment

NOTE 4 — Premises and Equipment

The following is a summary of premises and equipment at December 31:

	2018		2017
Leasehold improvements	$	1,614	$	1,614
Equipment		2,975		2,889
Construction in progress		479		12
		5,068		4,515
Less: accumulated depreciation and amortization		2,374		1,969
Total premises and equipment, net	$	2,694	$	2,546

Depreciation and amortization of premises and equipment, reflected as a component of occupancy and equipment, net in the statements of income, was $421,  $411 and $166 for the periods ended December 31, 2018, 2017 and 2016, respectively.