Note 7 - Land, Premises, and Equipment, Net

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

NOTE 7 Land, Premises and Equipment, Net

Components of land, premises and equipment at  December 31, 2024 and 2023 were as follows:

	December 31,			December 31,
(dollars in thousands)	2024			2023
Land (1)	$	7,155		$	4,542
Buildings and improvements (1)		36,961			28,172
Leasehold improvements		2,657			2,657
Furniture, fixtures, and equipment		38,540			34,086
		85,313			69,457
Less accumulated depreciation		(45,533	)		(51,517	)
Total	$	39,780		$	17,940

Depreciation expense for the years ended December 31, 2024, 2023, and 2022 amounted to $3.0 million, $2.5 million, and $3.0 million, respectively.