Premises and equipment at December 31, 2015 and 2014 were as follows:
 
 
 
2015
 
2014
 
 
 
(in thousands)
 
Land
 
$
4,600
 
$
4,419
 
Building and improvements
 
 
7,983
 
 
6,307
 
Construction in progress
 
 
-
 
 
987
 
Leasehold improvements
 
 
7,452
 
 
7,878
 
Furniture and equipment
 
 
5,459
 
 
5,594
 
Land improvements
 
 
1,349
 
 
1,004
 
 
 
 
26,843
 
 
26,189
 
Less accumulated depreciation
 
 
(7,836)
 
 
(7,878)
 
 
 
 
 
 
 
 
 
Premises and equipment, net
 
$
19,007
 
$
18,311