Premises and Equipment

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Premises and Equipment

PREMISES AND EQUIPMENT

Details of premises and equipment, at cost, for the periods indicated, were as follows:

	December 31,
(In thousands)	2022		2021
Buildings and leasehold improvements	$	46,670	$	46,034
Furniture, fixtures and equipment	20,036		19,886
Land and land improvements	9,275		9,249
Total cost	75,981		75,169
Accumulated depreciation and amortization	(39,959)		(37,394)
Net premises and equipment	$	36,022	$	37,775

At December 31, 2022 and 2021, the Company had capitalized software costs of $2.5 million and related accumulated depreciation expense of $2.2 million and $2.1 million, respectively, and was presented within other assets on the consolidated statements of condition.

Depreciation and amortization expense for the periods indicated were as follows:

(In thousands)		For the Year Ended December 31,
Fixed Asset Type	Income Statement Line Item	2022		2021		2020
Furniture and equipment	Furniture, equipment and data processing	$	1,796	$	1,994	$	2,113
Premises	Net occupancy costs	1,560		1,623		1,593
Software	Furniture, equipment and data processing	134		91		122
Total		$	3,490	$	3,708	$	3,828

During 2022, the Company sold one building and recognized a gain of $204,000. There were no gains or losses from the sale of premises and equipment for the years ended December 31, 2021 or 2020.