Note 6 - Premises and Equipment

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note

6

: Premises and Equipment

A summary of the cost and accumulated depreciation of premises and equipment follows:

	December 31,
	2018			2017
Premises	$	13,244		$	12,434
Furniture and equipment		5,606			5,238
Premises and equipment	$	18,850		$	17,672
Accumulated depreciation		(10,204	)		(9,451	)
Premises and equipment, net	$	8,646		$	8,221

Depreciation expense for the years ended

December 2018,

2017

and

2016

amounted to

$766,

$805

and

$801,

respectively. In

December 2017,

the Company sold its Marion branch office and realized a gain on the sale of fixed assets of

$134.

The Company leases certain branch facilities under noncancellable operating leases. The future minimum lease payments under these leases (with initial or remaining lease terms in excess of

one

year) as of

December 31, 2018

are as follows:

$346

in

2019,

$192

in

2020,

$172

in

2021,

$175

in

2022,

$177

in

2023

and

$872

thereafter.