Note 5 - Premises and Equipment

9 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 5 - Premises and Equipment

Premises and equipment consist of the following as of:

	September 30, 2024			December 31, 2023
	(In thousands)
Land	$	676		$	2,907
Buildings		3,652			6,697
Building improvements		11,235			17,945
Furniture, fixtures, and equipment		7,598			7,300
Software		534			599
Automobiles		66			66
Construction in progress		35			104
Total premises and equipment		23,796			35,618
Less accumulated depreciation and amortization		(13,360	)		(17,569	)
Premises and equipment, net of accumulated depreciation and amortization	$	10,436		$	18,049

Depreciation expense for the three months ended September 30, 2024 and 2023, was $346,000 and $402,000, respectively. Depreciation expense for the nine months ended September 30, 2024 and 2023, was $1.1 million and $1.2 million, respectively.