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Premises and Equipment
6 Months Ended
Jun. 30, 2016
PREMISES AND EQUIPMENT  
PREMISES AND EQUIPMENT

9. PREMISES AND EQUIPMENT

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

 

 

 

 

 

 

 

 

 

 

June 30,

 

December 31,

 

 

2016

 

2015

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Land

    

$

7,660

    

$

7,660

Buildings and improvements

 

 

23,930

 

 

23,834

Furniture, fixtures and equipment

 

 

10,316

 

 

10,190

 

 

 

41,906

 

 

41,684

Less accumulated depreciation

 

 

(15,200)

 

 

(13,948)

Total

 

$

26,706

 

$

27,736

Depreciation of premises and equipment totaled $610 thousand and $394 thousand for the three months ended June 30, 2016 and 2015, respectively, and $1.3 million and $820 thousand for the six months ended June 30, 2016 and 2015, respectively.