v3.26.1
PREMISES AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2025
PREMISES AND EQUIPMENT, NET  
PREMISES AND EQUIPMENT, NET

NOTE 4 — PREMISES AND EQUIPMENT, NET

Premises and equipment, net at December 31, 2025 and 2024 is as follows:

(Dollars in thousands)

  ​ ​ ​

Estimated Useful

  ​ ​ ​

  ​ ​ ​

Life (in years)

2025

2024

Land

 

N/A

 

$

3,744

$

3,744

Buildings

 

5-40

 

23,569

 

23,500

Leasehold improvements

 

1-20

 

347

 

347

Equipment

 

3-25

 

8,420

 

8,355

 

  ​

 

36,080

 

35,946

Less:  Accumulated depreciation

 

  ​

 

16,703

 

15,674

Total

 

  ​

$

19,377

$

20,272

Depreciation amounted to $1,194,000 for 2025 and $1,063,000 for 2024 in the consolidated statements of income.