Note 12 - Leases

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Lessor, Operating Leases [Text Block]

NOTE

1

2

– LEASES

The Bank has noncancelable operating leases that expire over the next

five

years that require the payment of base lease amounts and executory costs such as taxes, maintenance and insurance. Rental expense for leases was

$938,000

and

$787,000

for the years ended

December 31, 2018

and

2017,

respectively.

Approximate future minimum rental commitments under noncancelable leases are:

December 31,	Amount
2019	$	784,136
2020		563,419
2021		495,179
2022		365,494
2023		-
	$	2,208,228