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Premises and Equipment
12 Months Ended
Dec. 31, 2025
Premises and Equipment [Abstract]  
Premises and Equipment Note 6 - Premises and Equipment

Premises and equipment as of December 31, 2025 and 2024 consists of the following:

 

December 31,

2025

2024

(In Thousands)

Land

$

1,646 

$

1,646

Buildings and improvements

10,098 

10,048

Leasehold improvements

12,500 

12,160

Furniture, fixtures and equipment

8,126 

8,364

32,370 

32,218

Accumulated depreciation and amortization

(20,314)

(19,649)

$

12,056 

$

12,569

Depreciation and amortization expense for the years ended December 31, 2025, 2024, and 2023 was $1.6 million, 1.7 million, and $2.0 million, respectively.

Buildings and improvements include a building constructed on property leased from a related party (see Note 3).