Note 5 - Premises and Equipment

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

(5) Premises and Equipment

The detail of premises and equipment at December 31, 2019 and 2018 is as follows:

	In Thousands
	2019			2018
Land	$	17,093			17,022
Buildings		46,389			44,921
Leasehold improvements		533			492
Furniture and equipment		13,000			12,600
Automobiles		243			343
Construction-in-progress		1,339			100
		78,597			75,478
Less accumulated depreciation		(18,302	)		(17,115	)
	$	60,295			58,363

During 2019, 2018 and 2017, payments of $2,207,000, $2,633,000 and $5,934,000, respectively, were made to an entity owned by a director for the construction of buildings and repair work on existing buildings.

Depreciation expense was $3,984,000, $3,602,000 and $2,859,000 for the years ended December 31, 2019, 2018 and 2017, respectively.