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Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Components of premises and equipment

Components of premises and equipment were as follows at December 31:

 

 

 

2024

 

 

2023

 

Land and land improvements

 

$

15,934

 

 

$

16,001

 

Buildings

 

 

41,131

 

 

 

40,941

 

Furniture, fixtures and equipment

 

 

19,602

 

 

 

18,767

 

Leasehold improvements

 

 

6,024

 

 

 

6,024

 

Construction

 

 

4,542

 

 

 

386

 

Total premises and equipment

 

 

87,233

 

 

 

82,119

 

Less accumulated depreciation

 

 

(33,088

)

 

 

(30,664

)

Total premises and equipment, net

 

$

54,145

 

 

$

51,455

 

Schedule of Other information related to operating leases

Other information related to operating leases is as follows as of December 31:

 

 

 

2024

 

 

2023

 

Right-of-use assets obtained in exchange for lease obligations

 

$

935

 

 

$

 

Lease assets, included in other assets on the statements of financial condition

 

$

9,416

 

 

$

9,270

 

Lease liabilities, included in other liabilities on the statements of financial condition

 

$

9,512

 

 

$

9,338

 

Weighted average remaining lease term

 

16 years

 

 

17 years

 

Weighted average discount rate

 

 

3.00

%

 

 

2.66

%

Schedule of Operating lease liabilities under non-cancellable leases

As lessee, operating lease liabilities under non-cancellable leases are as follows:

 

2025

 

$

1,222

 

2026

 

 

1,150

 

2027

 

 

1,044

 

2028

 

 

900

 

2029

 

 

892

 

2030 and thereafter

 

 

7,841

 

Total lease payments

 

 

13,049

 

Less: interest

 

 

(3,537

)

Present value of lease liabilities

 

$

9,512