Note 8 - Premises, Equipment, and Leases

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note

8

.

Premises

,

Equipment

, and

Leases

Premises and Equipment

The following table presents the components of premises and equipment as of the dates indicated:

	December 31,
	2018			2017
(Amounts in thousands)
Land	$	18,090		$	18,921
Buildings and leasehold improvements		45,079			46,002
Equipment		33,551			33,336
Total premises and equipment		96,720			98,259
Accumulated depreciation and amortization		(50,935	)		(50,133	)
Total premises and equipment, net	$	45,785		$	48,126

Impairment charges related to certain long-term investments in land and buildings totaled

$1.01

million in

2018,

$677

thousand in

2017,

and

$364

thousand in

2016.

Depreciation and amortization expense for premises and equipment was

$2.91

million in

2018,

$3.56

million in

2017,

and

$3.56

million in

2016.

Leases

The Company has entered into various noncancelable operating leases for premises and equipment. The following schedule presents the future minimum lease payments required under noncancelable operating leases, with initial or remaining terms in excess of

one

year, by year, as of

December 31, 2018:

(Amounts in thousands)
2019	$	160
2020		97
2021		97
2022		97
2023		97
2024 and thereafter		597
Total future minimum lease payments	$	1,145

Lease expense was

$318

thousand in

2018,

$582

thousand in

2017,

and

$784

thousand in

2016.

The Company maintained

no

subleases as of

December 31, 2018.