Office Properties and Equipment, net

12 Months Ended

Dec. 31, 2020

Office Properties and Equipment, net [Abstract]

Office Properties and Equipment, net

Note 6 – Office Properties and Equipment, net

Year‑end office properties and equipment were as follows:

	2020			2019
	(In thousands)
Land	$	572		$	572
Office buildings and improvements		3,275			3,268
Rights of use assets		190			727
Furniture, fixtures and equipment		2,239			1,831
		6,276			6,398
Less accumulated depreciation		(3,736	)		(3,615	)
Office properties and equipment, net	$	2,540		$	2,783

Depreciation expense was $121 thousand and $227 thousand for the years 2020 and 2019, respectively.