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Note 5 - Premises and Equipment
12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

(5)         PREMISES AND EQUIPMENT

 

Premises and equipment as of December 31, 2020 and 2019 consisted of the following:

 

(In thousands)

 

2020

  

2019

 
         

Land and land improvements

 $5,284  $5,297 

Leasehold improvements

  134   134 

Office buildings

  16,605   16,124 

Furniture, fixtures and equipment

  6,701   6,689 
   28,724   28,244 

Less accumulated depreciation

  12,774   11,830 
         

Totals

 $15,950  $16,414 

 

Depreciation expense was $1.1 million, $923,000 and $1.1 million for the years ended December 31, 2020, 2019 and 2018, respectively.