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Premises and Equipment
9 Months Ended
Sep. 30, 2017
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,

 

 

2017

 

2016

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Land

    

$

9,623

    

$

7,660

Buildings and improvements

 

 

26,695

 

 

23,293

Furniture, fixtures and equipment

 

 

10,372

 

 

10,193

 

 

 

46,690

 

 

41,146

Less accumulated depreciation

 

 

(16,957)

 

 

(15,472)

Total

 

$

29,733

 

$

25,674

Depreciation of premises and equipment totaled $509 thousand and $581 thousand for the three months ended September 30, 2017 and 2016, respectively, and $1.6 million for both the nine months ended September 30, 2017 and 2016, respectively.