Premises and Equipment, Net

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Premises and Equipment, Net

Note 4 – Premises and Equipment, Net

Components of premises and equipment, net included in the consolidated balance sheets at December 31, were as follows (dollars in thousands):

	2023			2022
Land and improvements	$	1,806		$	2,170
Buildings and improvements		12,482			12,439
Furniture and equipment		1,953			1,776
Total cost		16,241			16,385
Accumulated depreciation and amortization		(8,891	)		(8,308	)
Net book value	$	7,350		$	8,077

Depreciation and amortization expenses were $583,000 and $489,000 for the years ended December 31, 2023, and 2022, respectively.