Premises and Equipment, Net

12 Months Ended

Dec. 31, 2023

Premises and Equipment, Net

Premises and Equipment, Net

Note 8 - Premises and Equipment, Net

	December 31,		December 31,
	2023		2022
	(In Thousands)
Land	$	6,652	$	6,652
Buildings and improvements		22,912		22,647
Leasehold improvements		1,805		1,741
Furnishings and equipment		8,051		7,880
		39,420		38,920
Accumulated depreciation and amortization		(13,968)		(12,857)
	$	25,452	$	26,063

Depreciation expense on premises and equipment for the fiscal years ended December 31, 2023 and 2022 totaled $1.2 million and $1.2 million, respectively.