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Note 6 - Premises and Equipment
 12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 6. Premises and Equipment

 

Premises and equipment are summarized as follows at December 31, 2023 and 2022 (in thousands):

 

  

2023

  

2022

 

Land

 $5,412  $5,412 

Buildings and leasehold improvements

  21,145   20,801 

Furniture and equipment

  8,237   8,081 

Construction in process

  962   8 
  $35,756  $34,302 

Less accumulated depreciation

  13,614   12,426 

Premises and equipment, net

 $22,142  $21,876 

 

Depreciation expense included in operating expenses for 2023 and 2022 was $1.6 million and $1.5 million, respectively.