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Premises and Equipment
9 Months Ended
Sep. 30, 2019
Property Plant And Equipment [Abstract]  
Premises and Equipment

Note 6. Premises and equipment

The Company’s premises and equipment consisted of the following as of September 30, 2019 and December 31, 2018:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(Dollars in thousands)

 

Leasehold improvements

 

$

6,505

 

 

$

5,518

 

Furniture and fixtures

 

 

3,155

 

 

 

2,791

 

Equipment and others

 

 

2,329

 

 

 

2,111

 

Total cost

 

 

11,989

 

 

 

10,420

 

Accumulated depreciation

 

 

(6,622

)

 

 

(5,787

)

Net book value

 

$

5,367

 

 

$

4,633

 

 

Total depreciation expense included in occupancy and equipment expenses was $297,000 and $273,000 for the three months ended September 30, 2019 and 2018, respectively, and $835,000 and $762,000 for the nine months ended September 30, 2019 and 2018, respectively.