Item 2. Properties
ITEM 2. Properties
As of December 31, 2025 , the net book value of our land, building and equipment w as $4.4 mill ion. The following table sets forth information regarding our offices as of December 31, 2025 :
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
$1,728
60 East Main Street
Bogota, NJ 07603
Leased
2024
$48
181 Boulevard
Hasbrouck Heights, NJ 07604
Leased
2024
$207
1719 Route 10 East
Parsippany, NJ 07054
Leased
2021
$24
5527 Berkshire Valley Road
Oak Ridge, NJ 07438
Owned
2021
$387
1039 South Orange Road
Newark, NJ 07106
Leased
2024
$21
558 E Crescent Avenue
Upper Saddle River, NJ 07458
Leased
2023
$401
Other Offices:
510 Warren Ave
Spring Lake, NJ 07762
Leased
2021
$3
(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.