Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of premises and equipment useful lives

Depreciation is recognized and computed on the straight-line method over the estimated useful lives as follows:

Buildings	37.5 - 50 years
Furniture, fixtures, and equipment	3 - 10 years
Software	3 years
Automobiles	5 years

Premises and equipment consist of the following as of:

	December 31, 2019			December 31, 2018
	(In thousands)
Land	$	2,564		$	2,560
Buildings	6,075			6,075
Building improvements	12,015			11,985
Furniture, fixtures, and equipment	7,011			7,446
Software	1,221			1,507
Automobiles	66			81
Construction in progress	136			9
	29,088			29,663
Less accumulated depreciation and amortization	(14,746		)	(14,408		)
	$	14,342		$	15,255