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Note 5 - Premises and Equipment, Net
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 5 Premises and Equipment, Net

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

 

  

(Dollars in thousands)

 
  

2021

  

2020

 

Cost:

        

Land

 $8,933  $8,933 

Buildings and improvements

  35,837   33,394 

Furniture and equipment

  18,724   18,066 

Total cost

  63,494   60,393 

Less accumulated depreciation

  (32,109)  (29,608)

Premises and equipment, net

 $31,385  $30,785 

 

Depreciation expense was approximately $2.5 million and $2.3 million for 2021 and 2020, respectively.