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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Note 6—PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:

Schedule of Property and Equipment

   December 31, 
(Dollars in thousands)  2022   2021 
Land  $9,804   $10,454 
Premises   28,684    29,415 
Equipment   7,900    6,855 
Fixed assets in progress   90    (4)
Property and equipment, gross   46,478    46,720 
Accumulated depreciation   15,201    13,889 
Property and Equipment Net  $31,277   $32,831 

 

Provision for depreciation included in operating expenses for the years ended December 31, 2022, 2021 and 2020 amounted to $1.6 million, $1.7 million, and $1.6 million, respectively.

 

As of December 31, 2022 and December 31, 2021 there were no premises held-for-sale. During the year ended December 31, 2022, the Company sold a warehouse that had previously been used for storage. Loss on premises held-for-sale was $73 thousand for the year ended December 31, 2022 and gain on premises held-for-sale was $103 thousand for the year ended December 31, 2021. Loss on sale of fixed assets was $45 thousand for the year ended December 31, 2022 and gain on sale of fixed assets was $14 thousand for the year ended December 31, 2021.