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v3.24.1

Premises and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2023
Property, Plant and Equipment [Abstract] |
Schedule of Premises and Equipment | A summary of premises and equipment at December 31, 2023 and 2022 is as follows:
(in thousands) | 2023 |  | 2022
Land and land improvements | $ | 9,683 |  |  | $ | 9,576 |
Buildings and improvements | 35,195 |  |  | 35,330 |
Furniture and equipment | 13,214 |  |  | 13,245 |
Operating leases - right of use asset | 2,073 |  |  | 2,539 |
Construction in progress | 2,103 |  |  | 1,475 |
Total | 62,268 |  |  | 62,165 |
Less accumulated depreciation | 30,221 |  |  | 29,309 |
Premises and equipment, net | $ | 32,047 |  |  | $ | 32,856 |
Schedule of Depreciation Expense | Depreciation expense for the years ended December 31, 2023, 2022, and 2021 was as follows:
(in thousands) | 2023 |  | 2022 |  | 2021
Depreciation expense | $ | 2,106 |  |  | $ | 2,141 |  |  | $ | 2,283 |

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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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