Property and Equipment

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment

5.Property and Equipment

Property and equipment consist of the following:

	December 31,
	2025			2024
	(in thousands)
Land and office building	$	10,063		$	9,039
Furniture and equipment		7,076			6,202
Software		8,561			8,584
Automobiles		73			74
Finance lease right-of-use assets		656			462
Total original cost		26,429			24,361
Accumulated depreciation and amortization		(19,136	)		(18,474	)
Property and equipment, net	$	7,293		$	5,887

Accumulated depreciation and amortization includes $0.4 million that is related to equipment held under finance leases at both December 31, 2025 and 2024, and is included in the underwriting and certain other operating costs line item on the income statement. The lease liabilities related to these properties are included in accounts payable and other liabilities.