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Note 4 - Premises and Equipment, Net
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 4 Premises and Equipment, Net

 

At year end, premises and equipment are summarized as follows:

 

  

(Dollars in thousands)

 
  

2024

  

2023

 

Cost:

        

Land

 $9,066  $11,773 

Buildings and improvements

  34,876   41,252 

Lease right of use

  16,682   542 

Furniture and equipment

  20,310   19,401 

Total cost

  80,934   72,968 

Less accumulated depreciation

  (33,675)  (34,532)

Premises and equipment, net

 $47,259  $38,436 

 

Depreciation and amortization expense was approximately $2.8 million and $2.9 million for 2024 and 2023, respectively.