Premises and Equipment

12 Months Ended

Dec. 31, 2015

Premises and Equipment [Abstract]

Premises and Equipment

Note 6 – Premises and Equipment

Premises and equipment are summarized as follows:

	December 31, 2015		December 31, 2014
Leasehold improvements	$	15,307	$	15,703
Building and land		1,215		1,215
Construction and fixed assets in progress		14		110
Furniture and equipment		5,941		5,683
Computer software		1,996		1,875
	$	24,473	$	24,586
Less: accumulated depreciation
and amortization		15,805		15,121
	$	8,668	$	9,465

At December 31, 2015, the Company had leased certain of its banking and operations offices under operating lease agreements on terms ranging from 1 to 20 years with renewal options. Rent expense charged to operations under operating lease agreements totaled $961,000 in 2015 and $940,000 in 2014.

The following is a schedule of future minimum rental payments required under non-cancelable operating leases that have initial or remaining terms in excess of one year as of December 31, 2015:

2016	$	804
2017		735
2018		677
2019		597
2020		600
Thereafter		2,668
	$	6,081