Note 7 - Premises and Equipment

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note

7

.  Premises and Equipment

Premises and equipment at

December 31, 2019

and

2018,

are summarized as follows:

	2019		2018
Cost:
Land	$	2,190,649	$	2,190,649
Buildings		7,561,302		7,427,612
Furniture and equipment		1,499,063		1,519,998
		11,251,014		11,138,259
Less: Accumulated depreciation		4,733,092		4,517,179
	$	6,517,922	$	6,621,080