Premises and Equipment

12 Months Ended

Dec. 31, 2024

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)	2024		2023
Buildings and leasehold improvements	$	49,362	$	47,566
Furniture, fixtures and equipment	21,747		19,120
Land and land improvements	9,356		9,320
Total cost	80,465		76,006
Accumulated depreciation and amortization	(43,413)		(40,957)
Premises and equipment, net	$	37,052	$	35,049

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	2024		2023		2022
Furniture and equipment	Furniture, equipment and data processing	$	1,242	$	1,514	$	1,796
Premises	Net occupancy costs	1,621		1,618		1,560
Software	Furniture, equipment and data processing	447		239		134
Total		$	3,310	$	3,371	$	3,490

There were no gains or losses from the sale of premises and equipment for the years ended December 31, 2024 or 2023. During 2022, the Company sold one building and recognized a gain of $204,000.

At December 31, 2024 and 2023, the Company had capitalized cloud computing software costs of $3.4 million and $2.8 million, respectively, and related accumulated depreciation expense of $2.6 million and $2.2 million. respectively, and was presented within other assets on the consolidated statements of condition.