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Note 7 - Bank Premises and Equipment, Net
 12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

7. Bank Premises and Equipment, Net


Bank premises and equipment are as follows at December 31:


    2015   2014
    (In thousands)
Land   $ 745     $ 3,551  
Building and leasehold improvements     29,610       25,717  
Equipment and furniture     19,770       19,197  
Total     50,125       48,465  
Less: Accumulated depreciation and amortization     24,503       26,597  
Bank premises and equipment, net   $ 25,622     $ 21,868  

During the year ended December 31, 2015, we sold three of our branch buildings in sale-leaseback transactions, realizing a net gain on sale of $12.7 million, of which $6.5 million was recognized in earnings during the year ended December 31, 2015 and $6.2 million will be deferred and amortized over the 10 year term of the branch leases. We have no continuing involvement in the sold buildings other than as an ordinary lessee.