Annual report pursuant to Section 13 and 15(d)

Premises and Equipment

v3.6.0.2
Premises and Equipment
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Premises and Equipment
Premises and Equipment
The following is a summary of the major components of premises and equipment:
 
As of December 31,
 
2016
 
2015
 
(In thousands)
Land
$
8,750

 
$
9,810

Building and improvements
18,313

 
19,455

Furniture and equipment
20,668

 
19,711

Leasehold improvements
11,833

 
11,296

Leased equipment
880

 
—

 
60,444

 
60,272

Accumulated depreciation and amortization
(31,383
)
 
(30,075
)
Impairment reserve
(363
)
 
(363
)
Total premises and equipment, net
$
28,698

 
$
29,834


Depreciation and amortization expense related to premises and equipment was $2.9 million, $3.1 million and $2.2 million for the years ended December 31, 2016, 2015 and 2014, respectively.