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Premises and Equipment
9 Months Ended
Sep. 30, 2015
PREMISES AND EQUIPMENT  
PREMISES AND EQUIPMENT

9. PREMISES AND EQUIPMENT

Premises and equipment as of the dates indicated are summarized as follows:

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

2015

 

2014

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Land

    

$

7,652

    

$

7,652

Buildings and improvements

 

 

22,062

 

 

21,831

Furniture, fixtures and equipment

 

 

8,397

 

 

8,075

 

 

 

38,111

 

 

37,558

Less accumulated depreciation

 

 

(13,345)

 

 

(12,358)

Total

 

$

24,766

 

$

25,200

Depreciation of premises and equipment totaled $394 thousand and $355 thousand for the three months ended September 30, 2015 and 2014, respectively, and $1.2 million and $1.1 million for the nine months ended September 30, 2015 and 2014, respectively.