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

(5)         PREMISES AND EQUIPMENT

 

Premises and equipment as of December 31, 2021 and 2020 consisted of the following:

 

(In thousands)

 

2021

  

2020

 
         

Land and land improvements

 $5,219  $5,284 

Leasehold improvements

  134   134 

Office buildings

  16,750   16,605 

Furniture, fixtures and equipment

  6,695   6,701 
   28,798   28,724 

Less accumulated depreciation

  13,621   12,774 
         

Totals

 $15,177  $15,950 

 

Depreciation expense was $996,000, $1.1 million and $923,000 for the years ended December 31, 2021, 2020 and 2019, respectively.