Annual report pursuant to Section 13 and 15(d)

Premises and Equipment

v3.3.1.900
Premises and Equipment
 12 Months Ended
Dec. 31, 2015
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,
 
2015
 
2014
 
(In thousands)
Land
$
9,810

 
$
9,860

Building and improvements
19,455

 
19,598

Furniture and equipment
19,711

 
17,902

Leasehold improvements
11,296

 
11,403

Software
—

 
862

 
60,272


59,625

Accumulated depreciation and amortization
(30,075
)
 
(28,713
)
Impairment reserve
(363
)
 
—

Total premises and equipment, net
$
29,834


$
30,912


Depreciation and amortization expenses related to premises and equipment totaled $3.1 million, $2.2 million and $1.9 million for the years ended December 31, 2015, 2014 and 2013, respectively.