Premises and Equipment

12 Months Ended

Dec. 31, 2016

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT

8. PREMISES AND EQUIPMENT

Premises and equipment as of dated indicated are summarized as follows:

	December 31,
	2016		2015
	(Dollars in thousands)
Land	$	7,660	$	7,660
Buildings and improvements		23,293		23,834
Furniture, fixtures and equipment		10,193		10,190
		41,146		41,684
Less accumulated depreciation		(15,472)		(13,948)
Total	$	25,674	$	27,736

Depreciation of premises and equipment totaled $2.4 million, $1.8 million and $1.5 million for the years ended December 31, 2016,  2015 and 2014, respectively.