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Premises and Equipment

3 Months Ended

Mar. 31, 2025

Premises and Equipment

Premises and Equipment

Note 12:           Premises and Equipment

​

Major classifications of premises and equipment, stated at cost, are as follows:

​

​	​	​	​	​	​	​
​		March 31,			December 31,
​	​	2025		​	2024
​	​	(In thousands)
Land, buildings and improvements	​	$	32,609	​	$	31,727
Furniture and equipment	​		16,916	​	​	16,158
Computer software	​		2,695	​	​	2,680
​	​		52,220	​	​	50,565
Less accumulated depreciation	​		(27,253)	​	​	(26,966)
Net premises and equipment	​	$	24,967	​	$	23,599

​

Depreciation and amortization charged to operations was $290,000 and $261,000 for the three months ended March 31, 2025 and December 31, 2024, respectively.

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- References

No definition available.

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- Definition

The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.

+ References

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-Topic 360
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