PREMISES AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2020

PREMISES AND EQUIPMENT

Schedule of premises and equipment

Premises and equipment are summarized as follows as of December 31, 2020 and 2019 (in thousands):

	Year Ended December 31,
	2020		2019
Furniture and Equipment (useful life of 3 to 7 years)	$	12,343	$	9,961
Furniture and Equipment in Process		—		2,175
Leasehold Improvements (useful life of 3 to 10 years)		15,687		11,092
Leasehold Improvements in Process		—		3,768
Total Premises and Equipment		28,030		26,996
Less accumulated depreciation and amortization		(14,555)		(14,896)
Total Premises and Equipment, net	$	13,475	$	12,100