Note 5 - Premises and Equipment, Net

6 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

5. PREMISES AND EQUIPMENT, NET

Premises and equipment are comprised of the following:

	June 30,		December 31,
	2015		2014
Land and improvements	$	16,579,000	$	16,579,000
Buildings		39,166,000		38,761,000
Furniture and equipment		16,795,000		16,622,000
		72,540,000		71,962,000
Less: accumulated depreciation		24,638,000		23,150,000
Premises and equipment, net	$	47,902,000	$	48,812,000

Depreciation expense totaled $0.8 million during the second quarter of 2015, compared to $0.5 million during the second quarter of 2014. Depreciation expense totaled $1.5 million during the first six months of 2015, compared to $0.8 million during the first six months of 2014.