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Note 12 - Lease Commitments
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Leases of Lessee Disclosure [Text Block]
(
12
)        
LEASE COMMITMENTS
 
During
2015,
the Bank extended a noncancelable lease agreement for branch office space which expires in
March 2020
with annual lease payments of
$19,000.
During
September 2016,
Heritage Hills signed a lease agreement for equipment which expires in
October 2021
with annual lease payments of
$59,000.
At
December 31, 2017,
minimum lease payments under the leases were
$78,000
for each year ending
December 31, 2018
through
2019,
$64,000
for the year ending
December 31, 2020
and
$59,000
for the year ending
December 31, 2021,
for an aggregate total of
$279,000.
 
The Bank’s subsidiary companies headquartered in Nevada lease office space under sublease agreements that automatically renew for
one
year periods each
October.
 
Total rental expense for all operating leases was
$98,000,
$89,000
and
$30,000
for the years ended
December 31, 2017,
2016
and
2015,
respectively.