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Note 5 - Premises and Equipment, Net
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

NOTE 5 - PREMISES AND EQUIPMENT, NET


Year-end premises and equipment were as follows:


   

2014

   

2013

 

Land and improvements

  $ 16,579,000     $ 8,556,000  

Buildings

    38,761,000       24,733,000  

Furniture and equipment

    16,622,000       12,718,000  
      71,962,000       46,007,000  

Less: accumulated depreciation

    23,150,000       21,109,000  
                 

Total premises and equipment

  $ 48,812,000     $ 24,898,000  

Future lease payments total $1.8 million, comprised of $0.4 million in one year, $0.8 million in one to three years, $0.5 million in three to five years and $0.1 million in over five years. Depreciation expense totaled $2.3 million in 2014, $1.3 million in 2013, and $1.5 million in 2012.