Property Held For Investment

12 Months Ended

Dec. 31, 2023

Property Held For Investment

Property Held For Investment

Note 12– Property Held For Investment

Property held for investment at December 31 are summarized as follows:

	December 31,		December 31,
	2023		2022
	(In Thousands)
Land	$	500	$	500
Buildings and improvements		1,442		1,442
		1,942		1,942
Accumulated depreciation and amortization		(535)		(498)
	$	1,407	$	1,444

The Company owned one property at December 31, 2023 and 2022 consisting of a former branch office located in Plymouth, Massachusetts. The property is currently leased to a car rental company to generate current income for the Company.