Item 2. Properties
ITEM 2. Properties
As of December 31, 2023, the net book value of our land, building and equipment was $7.7 million. The following table sets forth information regarding our offices as of December 31, 2023:
Location
Leased or Owned
Year Acquired or Leased
Net Book Value of Real Property
(In thousands)
Branch Offices:
819 Teaneck Road
Teaneck, NJ 07666
Owned
2004
$3,420
60 East Main Street
Bogota, NJ 07603
Owned
1941
$169
181 Boulevard
Hasbrouck Heights, NJ 07604
Owned
2020
$2,484
1719 Route 10 East
Parsippany, NJ 07054
Leased
2021
$109
5527 Berkshire Valley Road
Oak Ridge, NJ 07438
Owned
2021
$159
1039 South Orange Road
Newark, NJ 07106
Owned
2021
$1,146
Other Offices:
510 Warren Ave
Spring Lake, NJ 07762
Leased
2021
$10
(used as a loan production office)
We believe that the current facilities are adequate to meet our present and foreseeable needs, subject to possible future expansion .
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.