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BANK PREMISES AND EQUIPMENT
12 Months Ended
Dec. 31, 2024
BANK PREMISES AND EQUIPMENT  
BANK PREMISES AND EQUIPMENT

8. BANK PREMISES AND EQUIPMENT

(In Thousands)

December 31,

2024

2023

Land

$

3,573

$

3,573

Buildings and improvements

33,623

32,582

Furniture and equipment

14,266

14,618

Construction in progress

186

614

Total

51,648

51,387

Less: accumulated depreciation

(30,310)

(29,755)

Net

$

21,338

$

21,632

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

(In Thousands)

2024

2023

2022

Net occupancy and equipment expense

$

2,122

$

1,915

$

2,049

Data processing and telecommunications expense

61

236

340

Total

$

2,183

$

2,151

$

2,389