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

Premises and Equipment (Tables)

v3.25.4
Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Summary of Major Components of Premises and Equipment

The following is a summary of the major components of premises and equipment:

 

 

 

As of December 31,

 

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

Land

 

$

4,299

 

 

$

4,299

 

Building and improvements

 

 

8,897

 

 

 

8,842

 

Furniture and equipment

 

 

35,127

 

 

 

33,494

 

Leasehold improvements

 

 

20,043

 

 

 

19,133

 

Fixed assets in process

 

 

390

 

 

 

1,726

 

 

 

68,756

 

 

 

67,494

 

Accumulated depreciation and amortization

 

 

(48,378

)

 

 

(46,090

)

Total premises and equipment, net

 

$

20,378

 

 

$

21,404