Note 5: Premises and Equipment Premises and equipment at June 30, 2026 and 2025 consisted of the following: | | | | | | | | | June 30, | (In Thousands) | | 2026 | | 2025 | Land | | $ | 2,853 | | $ | 2,853 | Buildings | | | 10,214 | | | 10,182 | Leasehold improvements | | | 3,381 | | | 3,440 | Furniture and equipment | | | 5,163 | | | 5,715 | Automobiles | | | 168 | | | 168 | Operating lease right of use assets (1) | | | 2,087 | | | 1,651 | Finance lease right of use assets (1) | | | 57 | | | 75 | | | | 23,923 | | | 24,084 | Less accumulated depreciation and amortization | | | (14,692) | | | (14,760) | Total premises and equipment, net | | $ | 9,231 | | $ | 9,324 |
(1) | Net of accumulated amortization. |
For both fiscal years ended June 30, 2026 and 2025, the depreciation and amortization expense was $1.6 million.
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