XML 34 R16.htm IDEA: XBRL DOCUMENT v3.26.1
PREMISES AND EQUIPMENT
12 Months Ended
Dec. 31, 2025
PREMISES AND EQUIPMENT  
PREMISES AND EQUIPMENT

8. PREMISES AND EQUIPMENT

An analysis of premises and equipment follows:

AT  DECEMBER 31, 

  ​ ​ ​

2025

  ​ ​ ​

2024

(IN THOUSANDS)

Land

$

1,225

$

1,225

Premises

 

28,225

 

29,696

Furniture and equipment

 

8,177

 

8,097

Leasehold improvements

 

1,236

 

1,229

Total at cost

 

38,863

 

40,247

Less: Accumulated depreciation and amortization

 

24,934

 

26,019

Premises and equipment, net

$

13,929

$

14,228

The Company recorded depreciation and amortization expense of $1.7 million for the years ended December 31, 2025 and 2024.

The Company utilizes a contract cleaner to provide janitorial services for several office locations. The contract cleaner is owned by a Director of the Company. The amount paid to this related party totaled $232,000 and $233,000 for the years ended December 31, 2025 and 2024, respectively.