Note 6 - Premises and Equipment

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note

6.

   Premises and Equipment

At

December 

31,

 

2020

and

2019,

premises and equipment consisted of the following:

(In thousands)	December 31,
	2020			2019
Land	$	12,819		$	12,819
Buildings		20,287			20,287
Leasehold Improvements		4,024			4,024
Furniture, equipment, and software		12,010			11,687
Construction-in-progress		62			50
Premises and equipment, gross		49,202			48,867
Accumulated depreciation and amortization		(15,779	)		(14,299	)
Premises and equipment, net	$	33,423		$	34,568

For the years ended

December 

31,

 

2020,

2019

and

2018,

depreciation and amortization expense related to premises and equipment totaled

$1.5

million,

$1.6

million, and

$1.5

million, respectively.