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Premises and Equipment
3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
Premises and Equipment

Note 7 – Premises and Equipment

Premises and equipment were comprised of:

 

     March 31,
2018
     December 31,
2017
 
     (In thousands)  

Land & land improvements

   $ 9,959      $ 9,959  

Buildings

     50,792        50,340  

Furniture and equipment

     37,348        35,939  
  

 

 

    

 

 

 
     98,099        96,238  

Less: Accumulated depreciation

     (41,678      (40,644
  

 

 

    

 

 

 
     56,421        55,594  

Construction in progress

     2,137        2,148  
  

 

 

    

 

 

 

Total premises and equipment

   $ 58,558      $ 57,742  
  

 

 

    

 

 

 

Depreciation expense for premises and equipment amounted to $1,371,000 and $1,311,000 for the three months ended March 31, 2018 and 2017, respectively.