Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Premises and Equipment

Schedule of premises and equipment stated at cost

	December 31,
	2019		2018
	(In thousands)
Land	$	3,072	$	3,072
Buildings		22,775		4,095
Building in progress		—		8,272
Leasehold improvements		53		83
Furniture, fixtures and equipment		6,445		2,427
Total cost		32,345		17,949
Accumulated depreciation		(3,071)		(2,813)
Net premises and equipment	$	29,274	$	15,136