v3.26.1
Note 6 - Premises and Equipment
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 6: Premises and Equipment

A summary of the cost and accumulated depreciation of premises and equipment as of the dates indicated, follows:

 

 

December 31,

 

 

2025

 

 

2024

 

Premises

 

$

22,992

 

 

$

21,330

 

Furniture and equipment

 

 

7,802

 

 

 

6,738

 

Premises and equipment

 

 

30,794

 

 

 

28,068

 

Accumulated depreciation

 

 

(12,315

)

 

 

(11,242

)

Premises and equipment, net

 

$

18,479

 

 

$

16,826

 

 

 

Depreciation expense for the years ended December 31, 2025 and 2024 amounted to $1,096 and $900, respectively.

Premises includes construction in process. As of December 31, 2024, construction in process included $4,387 for a new branch building in Roanoke, Virginia. The building was completed and placed in service during the first quarter of 2025.