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Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2023

Premises and Equipment

Schedule of Premises and equipment

Premises and equipment are summarized as follows for the years ended December 31, 2023 and 2022:

​	​	​	​	​	​	​	​	​
​	​	Range of	​	December 31,		​	December 31,
(dollars in thousands)	​	Useful Lives		2023			2022
Land	​	N/A	​	$	8,119	​	$	5,174
Building	​	15 - 39 Years	​		41,266	​		41,265
Leasehold Improvements	​	3 ‑ 10 Years	​		1,951	​		2,380
Furniture and Equipment	​	2 ‑ 5 Years	​		6,544	​		6,978
Subtotal	​	​	​		57,880	​		55,797
Accumulated Depreciation	​	​	​		(8,994)	​		(7,352)
Totals	​	​	​	$	48,886	​	$	48,445

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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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