Note 8 - Premises and Equipment, Net

6 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

8.     Premises and Equipment, net

The following table summarizes premises and equipment balances, net at the dates indicated (in thousands).

	June 30,			December 31,
	2015			2014
Land	$	5,521		$	5,521
Buildings		19,565			19,539
Furniture and equipment		14,613			13,395
Software		5,598			5,556
Leasehold improvements		3,790			3,782
Capital lease asset		-			557
Bank automobiles		94			94
Premises and equipment, gross	$	49,181		$	48,444
Accumulated depreciation		(27,519	)		(26,438	)
Premises and equipment, net	$	21,662		$	22,006

At June 30, 2015, the Bank provided banking products and services through 25 branches of which five were leased and 20 were owned. In addition to our 25 full-service branches at June 30, 2015, the Bank operated seven limited-service branches located in retirement centers in the Upstate.

Depreciation expense for the three months ended June 30, 2015 and 2014 was $563 thousand and $583 thousand, respectively. Depreciation expense for both the six months ended June 30, 2015 and 2014 was $1.2 million.