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PREMISES, FURNITURE, AND EQUIPMENT, NET
12 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
PREMISES, FURNITURE, AND EQUIPMENT, NET
PREMISES, FURNITURE AND EQUIPMENT, NET
 
Year-end premises and equipment were as follows:
 
September 30,
2016
 
2015
 
(Dollars in Thousands)
 
 
 
 
Land
$
1,578

 
$
1,578

Buildings
10,482

 
10,315

Furniture, fixtures, and equipment
41,756

 
35,571

Capitalized leases
2,259

 
2,259

 
56,075

 
49,723

Less: accumulated depreciation and amortization
(37,449
)
 
(32,330
)
Net book value
$
18,626

 
$
17,393



Depreciation expense of premises, furniture and equipment included in occupancy and equipment expense was approximately $5.4 million, $4.6 million and $3.5 million for the years ended September 30, 2016, 2015 and 2014, respectively. Amortization expense on capitalized leases for the years ended September 30, 2016 and 2015, was $0.2 million and $0.1 million, respectively, and is included in occupancy and equipment expense. For the year ended September 30, 2014, there was no amortization expense on capitalized leases.