PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

Major categories of property and equipment are summarized as follows:

($ in thousands)	March 31, 2022		December 31, 2021
Building and improvements	$	3,504	$	3,504
Electronic data processing equipment	1,527		1,511
Furniture and fixtures	475		475
	5,506		5,490
Less accumulated depreciation	3,981		3,954
Property and equipment, net	$	1,525	$	1,536

Depreciation expense for the three months ended March 31, 2022 was $27,000 ($96,000 for the year ended December 31, 2021).