Corporate Premises and Equipment

12 Months Ended

Dec. 31, 2023

Corporate Premises and Equipment

Corporate Premises and Equipment

NOTE 7: Corporate Premises and Equipment

Major classifications of corporate premises and equipment are summarized as follows:

	December 31,
(Dollars in thousands)	2023		2022
Land	$	9,024	$	9,024
Buildings		49,732		48,537
Equipment, furniture and fixtures		23,557		23,613
		82,313		81,174
Less accumulated depreciation		(40,399)		(37,325)
	$	41,914	$	43,849

Depreciation expense for the years ended December 31, 2023, 2022 and 2021 was $3.29 million, $3.74 million and $4.11 million, respectively.