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Premises and Equipment (Tables)
 12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
A summary of premises and equipment at December 31, 2015 and 2014 is as follows: 
 
 
As of December 31,
 
 
2015
 
2014
 
 
(In Thousands)
Land
 
$
650

 
$
650

Building and leasehold improvements
 
2,879

 
2,776

Furniture and equipment
 
4,893

 
4,339

Construction and purchases in progress
 
28

 
52

 
 
8,450

 
7,817

Less: accumulated depreciation
 
(4,496
)
 
(3,874
)
Total premises and equipment, net
 
$
3,954

 
$
3,943

Depreciation expense was $746,000, $385,000 and $313,000 for the years ended December 31, 2015, 2014 and 2013, respectively.