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BANK PREMISES AND EQUIPMENT
12 Months Ended
Dec. 31, 2023
BANK PREMISES AND EQUIPMENT  
BANK PREMISES AND EQUIPMENT

8. BANK PREMISES AND EQUIPMENT

(In Thousands)

December 31,

2023

2022

Land

$

3,573

$

3,623

Buildings and improvements

32,582

32,332

Furniture and equipment

14,618

14,886

Construction in progress

614

1,532

Total

51,387

52,373

Less: accumulated depreciation

(29,755)

(30,799)

Net

$

21,632

$

21,574

Depreciation and amortization expense is included in the following line items of the consolidated statements of income:

(In Thousands)

2023

2022

2021

Net occupancy and equipment expense

$

1,915

$

2,049

$

1,723

Data processing and telecommunications expense

236

340

407

Total

$

2,151

$

2,389

$

2,130