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BANK PREMISES AND EQUIPMENT
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
BANK PREMISES AND EQUIPMENT

NOTE 9 BANK PREMISES AND EQUIPMENT

Depreciation expense for the year ended December 31, 2024 and 2023 was $1.2 million and $1.2 million, respectively. Bank premises and equipment as of December 31, 2024 and 2023 are summarized as follows:

 

       
(Dollars are in thousands) 2024   2023
Land $ 6,441 $ 7,206
Buildings and improvements 14,664 15,329
Furniture and equipment 9,279 11,225
Construction in progress   -   16
 Property plan equipment, gross   30,384   35,223
Less accumulated depreciation (13,314) (15,935)
Bank Premises and Equipment $ 17,070 $ 17,841