Annual report pursuant to Section 13 and 15(d)

PREMISES AND EQUIPMENT

v3.24.0.1
PREMISES AND EQUIPMENT
12 Months Ended
Dec. 31, 2023
Premises and equipment [Abstract]  
PREMISES AND EQUIPMENT
Note 6
PREMISES AND EQUIPMENT
The composition of the Company’s
 
premises and equipment at December 31 was as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in Thousands)
2023
2022
Land
$
22,393
$
22,847
Buildings
110,472
109,849
Fixtures and Equipment
61,051
59,627
Total Premises and Equipment
193,916
192,323
Accumulated Depreciation
(112,650)
(110,185)
Premises and Equipment, Net
$
81,266
$
82,138
Depreciation expense for the above premises and equipment was approximately
 
$
7.9
. million, $
7.6
 
million, and $
7.6
 
million in
2023, 2022, and 2021, respectively