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Bank Premises and Equipment (Tables)

12 Months Ended

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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- References

No definition available.

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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

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