Premises and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT

Details of premises and equipment, at cost, for the periods indicated, were as follows:


	December 31,
(In thousands)	2023		2022
Buildings and leasehold improvements	$	47,566	$	46,670
Furniture, fixtures and equipment	19,120		20,036
Land and land improvements	9,320		9,275
Total cost	76,006		75,981
Accumulated depreciation and amortization	(40,957)		(39,959)
Premises and equipment, net	$	35,049	$	36,022

Depreciation and amortization expense for the periods indicated were as follows:


(In thousands)		For the Year Ended December 31,
Fixed Asset Type	Income Statement Line Item	2023		2022		2021
Furniture and equipment	Furniture, equipment and data processing	$	1,514	$	1,796	$	1,994
Premises	Net occupancy costs	1,618		1,560		1,623
Software	Furniture, equipment and data processing	239		134		91
Total		$	3,371	$	3,490	$	3,708

There were no gains or losses from the sale of premises and equipment for the years ended December 31, 2023 or 2021. During 2022, the Company sold one building and recognized a gain of $204,000.

At December 31, 2023 and 2022, the Company had capitalized cloud computing software costs of $2.8 million and $2.5 million, respectively, and related accumulated depreciation expense of $2.2 million for both years, and was presented within other assets on the consolidated statements of condition, refer to Note 1 for further information.