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Premises and Equipment (Tables)
6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Premises and Equipment

Premises and equipment in the accompanying consolidated balance sheets consisted of the following:

(Dollars in thousands)

 

Estimated Useful Life

 

June 30, 2023

 

 

December 31, 2022

 

Building and building improvements

 

30 years or
3 - 10 years

 

$

13,653

 

 

$

13,605

 

Land

 

 

 

 

3,894

 

 

 

3,894

 

Equipment

 

3 - 5 years

 

 

5,971

 

 

 

5,757

 

Leasehold improvements

 

3 - 10 years

 

 

11,510

 

 

 

9,761

 

Furniture and fixtures

 

3 - 5 years

 

 

4,344

 

 

 

4,170

 

Construction in process

 

 

 

 

1,533

 

 

 

1,964

 

 

 

 

 

40,905

 

 

 

39,151

 

Accumulated depreciation

 

 

 

 

(12,185

)

 

 

(10,489

)

 

 

 

$

28,720

 

 

$

28,662