Office Properties and Equipment, net

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Office properties and equipment less accumulated depreciation at December 31, 2018 and December 31, 2017 are summarized as follows:



	December 31,
	2018		2017
	(In thousands)

Land	$	7,829	$	7,829
Buildings	24,018		24,018
Land and building improvements	24,864		15,583
Leasehold improvements	21,279		19,821
Furniture and equipment	28,538		26,036
	106,528		93,287
Less accumulated depreciation and amortization	54,478		50,667
Total office properties and equipment, net	$	52,050	$	42,620

(6) Office Properties and Equipment, net (continued)

Land and building improvements at December 31, 2018 and 2017 included $8.9 million and $5.5 million, respectively, in construction in progress for the renovation of the Bank's corporate headquarters and various other facilities. Depreciation and amortization expense for the years ended December 31, 2018, September 30, 2017 and 2016, the three months ended December 31, 2017, amounted to $3.8 million, $3.4 million, $3.2 million, and $863,000 respectively.