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Premises and Equipment

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Leasehold Improvements and Equipment

Premises and Equipment

A summary of premises and equipment was as follows:

		As of December 31,
		2018				2017
		(In Thousands)
Leasehold improvements		$	2,622			$	2,550
Furniture and equipment		7,021				6,442
		9,643				8,992
Less: accumulated depreciation		(6,359		)		(5,836		)
Total premises and equipment, net		$	3,284			$	3,156

Depreciation expense was $835,000, $744,000, and $767,000 for the years ended December 31, 2018, 2017, and 2016, respectively.

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- References

No definition available.

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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