Premises and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Premises and Equipment

NOTE 4 – PREMISES AND EQUIPMENT

Premises and equipment consisted of the following on December 31:

(Dollars in thousands)	2023		2022
Land and improvements	$	2,540	$	2,550
Buildings and improvements		14,698		14,459
Furniture and equipment		6,642		6,922
Leasehold improvements		329		329
Premises and equipment, cost		24,209		24,260
Accumulated depreciation		11,207		10,846
Premises and equipment, net	$	13,002	$	13,414

Depreciation expense amounted to $826 thousand and $818 thousand for the years ended December 31, 2023, and 2022, respectively.