Premises and Equipment

3 Months Ended

Mar. 31, 2017

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT

9. PREMISES AND EQUIPMENT

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

	March 31,		December 31,
	2017		2016
	(Dollars in thousands)
Land	$	9,623	$	7,660
Buildings and improvements		26,661		23,293
Furniture, fixtures and equipment		10,302		10,193
		46,586		41,146
Less accumulated depreciation		(15,982)		(15,472)
Total	$	30,604	$	25,674

Depreciation of premises and equipment totaled $533 thousand and $641 thousand for the three months ended March 31, 2017 and 2016, respectively.