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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
7.
PROPERTY, PLANT, AND EQUIPMENT

Year-end premises and equipment owned and utilized in the operations of the Company were as follows:

 

 

December 31,

 

(In Thousands)

 

2022

 

 

2021

 

Land

 

$

689

 

 

$

689

 

Buildings and improvements

 

 

4,170

 

 

 

4,190

 

Furniture, fixtures, and equipment

 

 

4,651

 

 

 

2,939

 

Leasehold Improvements

 

 

2,489

 

 

 

941

 

 

 

 

11,999

 

 

 

8,759

 

Accumulated Depreciation

 

 

(5,256

)

 

 

(3,470

)

Total

 

$

6,743

 

 

$

5,289

 

Depreciation expense was $850 and $355 for 2022 and 2021, respectively.