PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2025

(5)	PREMISES AND EQUIPMENT

Premises and equipment as of December 31, 2025 and 2024 consisted of the following:


(In thousands)		2025			2024

Land and land improvements		$	5,219		$	5,219
Leasehold improvements			—			134
Office buildings			17,423			17,210
Furniture, fixtures and equipment			5,445			6,104
			28,087			28,667
Less accumulated depreciation			13,730			14,488

Totals		$	14,357		$	14,179

Depreciation expense was $1.0 million, $951,000 and $882,000 for the years ended December 31, 2025, 2024 and 2023, respectively.