Annual report pursuant to Section 13 and 15(d)

Premises and Equipment

v3.8.0.1
Premises and Equipment
 12 Months Ended
Dec. 31, 2017
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,
 
2017
 
2016
 
(In thousands)
Land
$
8,470

 
$
8,750

Building and improvements
17,261

 
18,313

Furniture and equipment
21,271

 
20,668

Leasehold improvements
11,571

 
11,833

Leased equipment
879

 
880

 
59,452

 
60,444

Accumulated depreciation and amortization
(32,797
)
 
(31,383
)
Impairment reserve
—

 
(363
)
Total premises and equipment, net
$
26,655

 
$
28,698


Depreciation and amortization expense related to premises and equipment was $2.9 million, $2.9 million and $3.1 million for the years ended December 31, 2017, 2016 and 2015, respectively.