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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

6. 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)

 

2023

 

 

2022

 

Land

 

$

4,305

 

 

$

689

 

Buildings and improvements

 

 

14,151

 

 

 

4,170

 

Furniture, fixtures, and equipment

 

 

6,679

 

 

 

4,651

 

Leasehold Improvements

 

 

3,450

 

 

 

2,489

 

 

 

 

28,585

 

 

 

11,999

 

Accumulated Depreciation

 

 

(6,306

)

 

 

(5,256

)

Total

 

$

22,279

 

 

$

6,743

 

Depreciation expense was $1,121 and $850 for 2023 and 2022, respectively.