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Premises and Equipment
3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Premises and Equipment

NOTE 4- PREMISES AND EQUIPMENT

Premises and equipment at March 31, 2022 and December 31, 2021 were as follows:

 

 

 

2022

 

 

2021

 

Land

 

$

1,924

 

 

$

1,924

 

Buildings and improvements

 

 

14,452

 

 

 

14,208

 

Furniture, fixtures and equipment

 

 

2,348

 

 

 

2,321

 

 

 

 

18,724

 

 

 

18,453

 

Less: Accumulated depreciation

 

 

(9,081

)

 

 

(8,969

)

 

 

$

9,643

 

 

$

9,484

 

 

Depreciation expense for the three months ended March 31, 2022 and 2021 was $111 and $105, respectively. Depreciation expense for the year ended December 31, 2021 was $442.