Annual report pursuant to Section 13 and 15(d)

PREMISES AND EQUIPMENT (Tables)

v3.6.0.2
PREMISES AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Schedule of Premises and Equipment
Premises and equipment are summarized as follows:
 
 
 
December 31,
 
 
 
2016
 
2015
 
 
 
(In Thousands)
 
Land and building
 
$
13,323
 
$
13,293
 
Furniture and equipment
 
 
18,668
 
 
12,102
 
Leasehold improvements
 
 
7,469
 
 
6,042
 
Construction in progress
 
 
14,115
 
 
982
 
 
 
 
53,575
 
 
32,419
 
Accumulated depreciation
 
 
(13,261)
 
 
(12,985)
 
 
 
$
40,314
 
$
19,434
 
Schedule of Future Minimum Lease Payments
Future minimum lease payments under non-cancellable operating leases at December 31, 2016 are summarized as follows:
 
 
 
(In Thousands)
 
2017
 
$
3,986
 
2018
 
 
3,743
 
2019
 
 
3,241
 
2020
 
 
2,610
 
2021
 
 
1,863
 
Thereafter
 
 
5,098
 
 
 
$
20,541