PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

Major categories of property and equipment are summarized as follows:

($ in thousands)	December 31, 2020		December 31, 2019
Building and improvements	$	3,491	$	3,472
Electronic data processing equipment	1,498		1,470
Furniture and fixtures	483		483
	5,472		5,425
Less accumulated depreciation	3,900		3,795
Property and equipment, net	$	1,572	$	1,630

Depreciation expense for the year ended December 31, 2020 was $109,000 ($124,000 for the year ended December 31, 2019).