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

Note 5Premises and Equipment, Net

At year end, premises and equipment are summarized as follows:

 

  

(Dollars in thousands)

 
  

2020

  

2019

 

Cost:

        

Land

 $8,933  $8,936 

Buildings and improvements

  33,394   30,863 

Furniture and equipment

  18,066   16,904 

Total cost

  60,393   56,703 

Less accumulated depreciation

  (29,608)  (27,296)

Premises and equipment, net

 $30,785  $29,407 

 

Depreciation expense was approximately $2.3 million and $1.9 million for 2020 and 2019, respectively.