v3.25.4
Note 7 - Premises and Equipment
 12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 7. Premises and Equipment

 

Premises and equipment are summarized as follows at December 31:

 

(Dollars in thousands)

 

2024

  

2023

 

Cost

        

Building

 $13,050  $13,005 

Land

  2,856   2,856 

Leasehold improvements

  1,091   1,091 

Furniture, fixtures and equipment

  4,690   4,500 

Computer software and equipment

  2,128   1,931 
   23,815   23,383 

Less accumulated depreciation

  (10,528)  (9,439)

Premises and equipment, net

 $13,287  $13,944 

 

Depreciation and amortization charged to operations were $1.5 million,  $1.3 million, and $1.3 million during the years ended December 31, 2024,  December 31, 2023, and December 31, 2022, respectively.