Note 4 - Premises and Equipment, Net

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

4.

     

PREMISES AND EQUIPMENT, NET

Premises and equipment are comprised of the following:

	June 30, 2016		December 31, 2015
Land and improvements	$	16,438,000	$	16,529,000
Buildings		39,422,000		39,394,000
Furniture and equipment		17,072,000		16,978,000
		72,932,000		72,901,000
Less: accumulated depreciation		27,374,000		26,039,000
Premises and equipment, net	$	45,558,000	$	46,862,000

Depreciation expense totaled $0.7 million during the second quarter of 2016, compared to $0.8 million during the second quarter of 2015. Depreciation expense totaled $1.4 million during the first six months of 2016, compared to $1.5 million during the first six months of 2015.