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

Note 5 - Premises and Equipment

v3.25.4
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

 

Premises and equipment are summarized as follows:

 

   

December 31,

 
   

2025

   

2024

 
   

(In Thousands)

 

Land

  $ 8,086     $ 7,497  

Building

    34,076       34,037  

Furniture and equipment

    42,768       40,771  

Leasehold improvements

    16,866       14,669  

Construction in progress

    2,907       1,798  

Total premises and equipment, cost

    104,703       98,772  

Accumulated depreciation

    (44,307 )     (39,587 )

Total premises and equipment, net

  $ 60,396     $ 59,185  

 

The provisions for depreciation charged to occupancy and equipment expense for the years ended December 31, 2025, 2024 and 2023 were $4.7 million, $4.8 million and $4.4 million, respectively.