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Office Properties and Equipment, net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Office Properties and Equipment, net Office Properties and Equipment, net
Office properties and equipment less accumulated depreciation at December 31, 2023 and 2022 are summarized as follows:
December 31,
20232022
(In thousands)
Land$14,623 $16,534 
Buildings37,383 39,097 
Land and building improvements45,272 40,501 
Leasehold improvements26,021 23,555 
Furniture and equipment36,785 34,747 
160,084 154,434 
Less accumulated depreciation and amortization(76,507)(70,557)
Total office properties and equipment, net$83,577 $83,877 
    
Land and building improvements at December 31, 2023 and 2022 included $1.6 million and $4.5 million, respectively, in construction in progress for the renovation of various office facilities. During the year ended December 31, 2023, the Bank classified a building as held-for-sale totaling $1.0 million, which is included in buildings. During the year ended December 31, 2022, the Bank acquired and sold $1.7 million included in buildings classified as held-for-sale.
Depreciation and amortization expense for the years ended December 31, 2023, 2022 and 2021, amounted to $7.8 million, $7.3 million, $6.7 million, respectively.