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PREMISES AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2021
PREMISES AND EQUIPMENT  
Schedule of premises and equipment

Premises and equipment are summarized as follows (in thousands):

Year Ended December 31, 

    

2021

    

2020

Furniture and Equipment (useful life of 3 to 7 years)

$

12,078

$

12,343

Furniture and Equipment in Process

954

Leasehold Improvements (useful life of 3 to 10 years)

 

14,261

 

15,687

Leasehold Improvements in Process

2,005

Total Premises and Equipment

 

29,298

 

28,030

Less accumulated depreciation and amortization

 

(14,182)

 

(14,555)

Total Premises and Equipment, net

$

15,116

$

13,475