Note 5 - Premises and Equipment, Net

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

NOTE

5

- PREMISES AND EQUIPMENT, NET

Year-end premises and equipment were as follows:

	2016		2015
Land and improvements	$	17,285,000	$	16,529,000
Buildings		39,691,000		39,394,000
Furniture and equipment		17,195,000		16,978,000
		74,171,000		72,901,000
Less: accumulated depreciation		28,715,000		26,039,000
Total premises and equipment	$	45,456,000	$	46,862,000

Future lease payments total

$1.0

million, comprised of

$0.4

million in

one

year,

$0.4

million in

one

to

three

years and

$0.2

million in

three

to

five

years. Depreciation expense totaled

$2.9

million in

2016,

$3.0

million in

2015,

and

$2.3

million in

2014.