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Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2024
Premises and Equipment  
Schedule of summary of premises and equipment

    

Useful

    

December 31,

lives

2024

2023

(dollars in thousands)

Land

 

  

$

685

$

685

Buildings

 

30-40 years

 

6,793

 

6,823

Equipment and fixtures

 

5-7 years

 

8,691

 

8,671

Construction in progress

 

  

 

66

 

25

Operating Lease Assets

48

210

 

  

 

16,283

 

16,414

Accumulated depreciation

 

  

 

(13,605)

 

(13,368)

 

  

$

2,678

$

3,046

Schedule of future minimum payments of banks operating leases

Future minimum payments of the Bank’s operating leases as of December 31, 2024 are as follows:

Year ending December 31,

    

Amount

(dollars in thousands)

2025

$

49

2026

 

9

2027

6

2028

2029

Thereafter

 

Total

$

64