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PREMISES & EQUIPMENT (Tables) | 12 Months Ended
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Dec. 31, 2024
PREMISES & EQUIPMENT [Abstract] |
Summary of Premises and Equipment | Premises and equipment at December 31, 2024 and 2023 are summarized as follows (in thousands):
|  | December 31, |
|  | 2024 |  |  | 2023 |
Land |  | $ | 5,839 |  |  | $ | 5,839 |
Buildings |  |  | 23,012 |  |  |  | 22,948 |
Furniture, fixtures and equipment |  |  | 9,047 |  |  |  | 8,499 |
Construction in process |  |  | 2,172 |  |  |  | 1,921 |
|  |  | 40,070 |  |  |  | 39,207 |
Less: accumulated depreciation |  |  | 18,675 |  |  |  | 17,823 |
Premises and equipment, net |  | $ | 21,395 |  |  | $ | 21,384 |

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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 + Details
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