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Premises and Equipment, Net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Premises and Equipment, Net Premises and Equipment, Net
Components of premises and equipment were as follows:
December 31,
(in thousands)20232022
Land$20,354 $20,190 
Buildings41,763 33,049 
Leasehold improvements2,815 2,815 
Furniture and equipment14,765 13,729 
Vehicles380 380 
Computer equipment3,623 3,564 
Projects in process927 6,424 
Total premises and equipment
84,627 80,151 
Less: Accumulated depreciation(27,539)(25,768)
Premises and equipment, net
$57,088 $54,383 
Depreciation expense amounted to approximately $2.2 million, $2.1 million, and $1.9 million for the years ended December 31, 2023, 2022, and 2021, respectively.