Premises and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Premises and Equipment

NOTE 5 — Premises and Equipment

Premises and equipment are stated at cost less accumulated depreciation and are summarized as follows: 

	As of December 31,
	2021		2020
Land	$	863	$	863
Buildings		8,060		7,845
Leasehold improvements		1		209
Furniture and equipment		6,111		5,929
Totals		15,035		14,846
Less: Accumulated depreciation		9,171		8,571
Premises and equipment, net	$	5,864	$	6,275

Depreciation of premises and equipment totaled $654 and $661 for the years ended December 31, 2021 and 2020, respectively.