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Bank Premises and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2023
Property, Plant and Equipment [Abstract] |
Components of Bank Premises and Equipment | The components of bank premises and equipment as of December 31, 2023 and 2022 were as follows:
|  |  | December 31,
(amounts in thousands) | Expected Useful Life |  | 2023 |  | 2022
Leasehold improvements | 3 to 25 years |  | $ | 13,623 |  |  | $ | 13,514 |
Furniture, fixtures and equipment | 5 to 10 years |  | 6,311 |  |  | 6,082 |
IT equipment | 3 to 5 years |  | 9,566 |  |  | 9,389 |
Automobiles | 3 to 5 years |  | 349 |  |  | 398 |
|  | 29,849 |  |  | 29,383 |
Accumulated depreciation and amortization |  | (22,478) |  |  | (20,358) |
Total |  | $ | 7,371 |  |  | $ | 9,025 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
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