NOTE 8 - BANK PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

NOTE 8 - BANK PREMISES AND EQUIPMENT

NOTE 8 - BANK PREMISES AND EQUIPMENT

The components of premises and equipment are as follows:

December 31, (in thousands)		2022			2021
Land	$	3,277		$	3,277
Buildings and improvements		18,412			18,246
Leasehold improvements		1,553			1,553
Finance leases		4,577			4,288
Furniture, fixtures, equipment and software		11,650			10,623
Fixed assets in process		—			347
Total cost		39,469			38,334
Accumulated depreciation and amortization		(17,321	)		(15,709	)
Bank premises and equipment, net	$	22,148		$	22,625