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v3.23.1

Office Properties and Equipment, net | 12 Months Ended
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Dec. 31, 2022
Office Properties and Equipment, net [Abstract] |
Office Properties and Equipment, net | Note 6 – Office Properties and Equipment, net Year‑end office properties and equipment were as follows:
|  | December 31, 2022 |  |  | December 31, 2021 |
|  | (In thousands) |
Land |  | $ | 5,322 |  |  | $ | 5,322 |
Office buildings and improvements |  |  | 6,303 |  |  |  | 5,763 |
Rights of use assets |  |  | 889 |  |  |  | 1,120 |
Furniture, fixtures, and equipment |  |  | 2,185 |  |  |  | 2,171 |
|  |  | 14,699 |  |  |  | 14,376 |
Less accumulated depreciation |  |  | (4,408 | ) |  |  | (4,032 | )
Office properties and equipment, net |  | $ | 10,291 |  |  | $ | 10,344 |
Depreciation expense was $376 thousand and $287 thousand for the years 2022 and 2021, respectively.

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