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Premises and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Premises and Equipment Premises and Equipment
A summary of the cost and accumulated depreciation of premises and equipment follows (dollars in thousands):
December 31,
20242023
Land$2,258 $2,258 
Building9,231 9,231 
Furniture, fixtures and equipment2,359 2,280 
Building improvements2,475 2,416 
Construction in process549 464 
$16,872 $16,649 
Less accumulated depreciation(7,285)(6,791)
Ending balance$9,587 $9,858 
For December 31, 2024 and 2023, depreciation expense was $494 thousand and $491 thousand, respectively.