Premises and Equipment

12 Months Ended

Dec. 31, 2021

Premises and Equipment

Premises and Equipment

Note 5. Premises and Equipment

The following is a summary of premises and equipment as of December 31, 2021 and 2020 (in thousands):

	2021		2020
Land	$	4,352	$	4,352
Buildings and improvements		11,159		10,796
Furniture, fixtures and equipment		7,826		7,614
Total premises and equipment		23,337		22,762
Less: Accumulated depreciation and amortization		(11,513)		(10,983)
Premises and equipment, net	$	11,824	$	11,779

Depreciation and amortization of premises and equipment for 2021 and 2020 amounted to $582,000 and $586,000, respectively.