Note 4 - Premises and Equipment

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

NOTE

4

– PREMISES AND EQUIPMENT

Year-end premises and equipment were as follows:

	201 9			201 8
	(in thousands)
Land and buildings	$	21,228		$	19,974
Furniture and equipment		8,884			7,420
Leased right-of-use asset		3,070			—
		33,182			27,394
Accumulated depreciation		(13,524	)		(12,739	)
	$	19,658		$	14,655

See ‘Note

5

– Leases’ for additional details regarding the Bank’s leased right-of-use asset and lease liability.

Depreciation expense was

$801,000,

$833,000

and

$955,000

for

2019,

2018

and

2017,

respectively.