PREMISES AND EQUIPMENT
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
PREMISES AND EQUIPMENT
PREMISES AND EQUIPMENT

Premises and equipment at December 31, were as follows:

(Dollars in thousands)
 
2016
 
2015
Land
 
$
3,965

 
$
3,965

Buildings and improvements
 
16,906

 
16,389

Furniture, fixtures and equipment
 
12,127

 
10,980

Construction in progress
 
608

 
1,375

Leasehold improvements
 
1,345

 
1,678

 
 
34,951

 
34,387

Accumulated depreciation
 
(9,870
)
 
(8,112
)
Net premises and equipment
 
$
25,081

 
$
26,275



During 2014, the Bank completed construction of a new facility in Kanawha County, West Virginia and a new facility in the West Virginia High Technology Park in Fairmont, Marion County, West Virginia.

Depreciation expense amounted to $2.0 million, $2.0 million and $1.2 million for 2016, 2015 and 2014, respectively.