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Office Properties and Equipment, net | 12 Months Ended
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Dec. 31, 2021
Office Properties and Equipment, net [Abstract] |
Office Properties and Equipment, net | Note 7 – Office Properties and Equipment, net Year‑end office properties and equipment were as follows:
|  | 2021 |  |  | 2020 |
|  | (In thousands) |
Land |  | $ | 5,322 |  |  | $ | 572 |
Office buildings and improvements |  |  | 5,763 |  |  |  | 3,275 |
Rights of use assets |  |  | 1,120 |  |  |  | 190 |
Furniture, fixtures, and equipment |  |  | 2,171 |  |  |  | 2,239 |
|  |  | 14,376 |  |  |  | 6,276 |
Less accumulated depreciation |  |  | (4,032 | ) |  |  | (3,736 | )
Office properties and equipment, net |  | $ | 10,344 |  |  | $ | 2,540 |
Depreciation expense was $287 thousand and $121 thousand for the years 2021 and 2020, respectively.

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