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Premises and Equipment
 12 Months Ended
Dec. 31, 2022
Premises and Equipment [Abstract]  
Premises and Equipment Text Block
NOTE 6: PREMISES AND EQUIPMENT
Premises and equipment at December 31, 2022 and 2021 is presented below.
December 31
(Dollars in thousands)
2022
2021
Land and improvements
$
12,788
9,830
Buildings and improvements
35,241
16,124
Furniture, fixtures, and equipment
3,861
3,096
Construction in progress
39
19,277
Total premises and equipment
51,929
48,327
Less:
 
accumulated depreciation
(5,354)
(6,603)
Premises and equipment, net
$
46,575
41,724
Depreciation expense was approximately $
1.2
 
million and $
0.6
 
million for the years ended December 31, 2022 and 2021,
respectively, and is a component of
 
net occupancy and equipment expense in the consolidated statements of earnings.
 
For
more information related to depreciation expense, please refer to “Change in Accounting
 
Estimate” in Note 1, Summary of
Significant Accounting Policies.