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Premises and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Premises and Equipment Premises and Equipment
At December 31, 2024 and 2023, premises and equipment consisted of the following:
(In thousands)December 31,
20242023
Land$12,819 $12,819 
Buildings19,046 19,046 
Leasehold Improvements3,096 3,077 
Furniture, equipment, and software13,110 13,031 
Construction-in-progress— 65 
Premises and equipment, gross48,071 48,038 
Accumulated depreciation and amortization(19,206)(18,163)
Premises and equipment, net$28,865 $29,875 
For the years ended December 31, 2024, 2023 and 2022, depreciation and amortization expense related to premises and equipment totaled $1.1 million, $1.2 million, and $1.3 million, respectively. For the year ended December 31, 2024, $13,000 worth of furniture and equipment was sold, and a $3,000 gain was recorded on the sale. No property was sold in 2023 and 2022.