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Premises and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Premises and Equipment Premises and Equipment
Premises and equipment at December 31, 2024 and 2023 are summarized as follows (in thousands):
 December 31,
 20242023
Land$920 $920 
Buildings and improvements7,351 7,315 
Furniture and equipment6,365 6,390 
14,636 14,625 
Less: Accumulated depreciation and amortization(9,939)(9,385)
Premises and equipment, net$4,697 $5,240 
Depreciation and amortization expense was $619 thousand and $717 thousand for the years ended December 31, 2024 and 2023, respectively.
The Company leases office space in several buildings as well as certain equipment. See "Note 12—Leases" for additional information on our leased facilities and equipment.