Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2023

Premises and Equipment

Schedule of summary of premises and equipment

	Useful	December 31,
	lives	2023		2022
(dollars in thousands)
Land		$	685	$	685
Buildings	30-40 years		6,823		6,781
Equipment and fixtures	5-7 years		8,671		8,515
Construction in progress			25		71
Operating Lease Assets			210		366
			16,414		16,418
Accumulated depreciation			(13,368)		(13,141)
		$	3,046	$	3,277

Schedule of future minimum payments of banks operating leases

Future minimum payments of the Bank’s operating leases as of December 31, 2023 are as follows:

Year ending December 31,	Amount
	(dollars in thousands)
2024	$	193
2025		11
2026		9
2027		6
2028		—
Thereafter		—
Total	$	219