Premises and Equipment

12 Months Ended

Dec. 31, 2024

Premises and Equipment

Premises and Equipment

5.    Premises and Equipment

The detail of premises and equipment as of December 31^st for the past two years is as follows:

(In thousands)	December 31, 2024		December 31, 2023
Land and buildings	$	23,319	$	24,582
Furniture, fixtures and equipment		3,429		13,322
Leasehold improvements		1,534		3,205
Gross premises and equipment		28,282		41,109
Less: Accumulated depreciation		(9,504)		(21,542)
Net premises and equipment	$	18,778	$	19,567

Amounts charged to noninterest expense for depreciation of premises and equipment amounted to $1.5 and $1.4 million in 2024 and 2023, respectively.