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Note 8 - Premises and Equipment

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

8. PREMISES AND EQUIPMENT 

Premises and equipment and applicable depreciable lives are summarized as follows:

		December 31,
		2018				2017
		(Dollars in Thousands)
Land		$	6,407			$	6,181
Premises (40 years)			25,855				24,978
Furniture, fixtures and equipment (3-7 years)			16,043				15,578
Total			48,305				46,737
Less accumulated depreciation			(21,437	)			(20,304	)
			26,868				26,433
Construction in progress			775				—
Total		$	27,643			$	26,433

Depreciation

expense of

$1.5

million and

$1.1

million was recorded in

2018

and

2017,

respectively.

X

- 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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