Note E - Premises and Equipment

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note

E

- Premises and Equipment

Following is a summary of premises and equipment at

December 31:

	201 7		201 6
Land	$	2,641	$	2,348
Buildings		13,913		13,247
Leasehold improvements		1,267		1,238
Furniture and equipment		5,675		5,085
		23,496		21,918
Less accumulated depreciation		10,215		9,135
Total premises and equipment	$	13,281	$	12,783

The following is a summary of the future minimum operating lease payments for facilities leased by the Company. Operating lease expense

was

$344

in

2017,

$464

in

2016,

and

$464

in

2015.

201 8	$	253
201 9		68
20 20		64
20 21		40
202 2		7
Thereafter		----
	$	432