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Premises and Equipment
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Premises and Equipment Premises and Equipment
The components of premises and equipment at December 31, 2023 and 2022 are as follows:
(in thousands)December 31, 2023December 31, 2022
Land$15,541 $15,284 
Bank premises55,452 54,423 
Furniture and equipment31,681 31,109 
Construction in progress14,368 1,854 
Acquired value117,042 102,670 
Less: accumulated depreciation47,250 44,464 
Net book value$69,792 $58,206 
Depreciation expense amounted to $3.0 million and $3.1 million for 2023 and 2022, respectively. Interest cost capitalized as a construction cost was $0 for 2023 and 2022, respectively.