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Note 5 - Premises and Equipment

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

(5 ) PREMISES AND EQUIPMENT

Premises and equipment as of

December 31, 2019

and

2018

consisted of the following:

(In thousands)		2019				2018
Land and land improvements		$	5,297			$	5,297
Leasehold improvements			134				134
Office buildings			16,124				14,028
Furniture, fixtures and equipment			6,689				6,135
			28,244				25,594
Less accumulated depreciation			11,830				11,230
Totals		$	16,414			$	14,364

Depreciation expense was

$923,000,

$1.1

million and

$1.1

million for the years ended

December 31, 2019,

2018

and

2017,

respectively.

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- References

No definition available.

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X

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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