Office Properties and Equipment, net

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Office Properties and Equipment, net

Office Properties and Equipment, net

Office properties and equipment less accumulated depreciation at December 31, 2019 and 2018 are summarized as follows:

	December 31,
	2019		2018
	(In thousands)
Land	$	11,069	$	7,829
Buildings	27,340		24,018
Land and building improvements	31,520		24,864
Leasehold improvements	24,038		21,279
Furniture and equipment	36,828		28,538
	130,795		106,528
Less accumulated depreciation and amortization	57,828		54,478
Total office properties and equipment, net	$	72,967	$	52,050

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

Land and building improvements at December 31, 2019 and 2018 included $1.3 million and $8.9 million, respectively, in construction in progress for the renovation of the Bank's corporate headquarters and various other facilities, and at December 31, 2019 also included $1.8 million of properties acquired from Stewardship that were held-for-sale, and carried at fair value.

Depreciation and amortization expense for the years ended December 31, 2019 and 2018, September 30, 2017 and the three months ended December 31, 2017, amounted to $4.9 million, $3.8 million, $3.4 million, and $863,000 respectively.