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Office Properties and Equipment, net | 12 Months Ended
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Dec. 31, 2023
Office Properties and Equipment, net [Abstract] |
Office Properties and Equipment, net | Note 5 – Office Properties and Equipment, net Year‑end office properties and equipment were as follows:
|  | December 31, 2023 |  |  | December 31, 2022 |
|  | (In thousands) |
Land |  | $ | 5,322 |  |  | $ | 5,322 |
Office buildings and improvements |  |  | 6,433 |  |  |  | 6,303 |
Right of use assets |  |  | 655 |  |  |  | 889 |
Furniture, fixtures, and equipment |  |  | 2,318 |  |  |  | 2,185 |
|  |  | 14,728 |  |  |  | 14,699 |
Less accumulated depreciation |  |  | (4,888 | ) |  |  | (4,408 | )
Office properties and equipment, net |  | $ | 9,840 |  |  | $ | 10,291 |
Depreciation expense was $385 thousand and $376 thousand for the years 2023 and 2022, respectively.

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