Annual report [Section 13 and 15(d), not S-K Item 405]

Note 5 - Premises and Equipment

v3.26.1
Note 5 - Premises and Equipment
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 5: Premises and Equipment

 

The components of premises and equipment as of December 31, 2025 and 2024, are as follows:

 

   

2025

   

2024

 
      (Dollars in thousands)  

Land and improvements

  $ 2,951     $ 2,940  

Building and improvements

    7,313       7,274  

Furniture and equipment

    1,531       1,477  

Total gross equipment

    11,795       11,691  

Less accumulated depreciation

    6,682       6,380  

Premises and equipment, net

  $ 5,113     $ 5,311  

 

Depreciation expense was $302,000 and $293,000 for the years ended December 31, 2025 and 2024, respectively.