Note 4 - Premises and Equipment, Net

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

4.

     

PREMISES AND EQUIPMENT, NET

Premises and equipment are comprised of the following:

	September 30, 201 7		December 31, 201 6
Land and improvements	$	17,970,000	$	16,649,000
Buildings		40,245,000		40,327,000
Furniture and equipment		17,774,000		17,195,000
		75,989,000		74,171,000
Less: accumulated depreciation		30,383,000		28,715,000
Premises and equipment, net	$	45,606,000	$	45,456,000

Depreciation expense totaled $

0.8

million during the

third

quarter of

2017,

compared to

$0.7

million during the

third

quarter of

2016.

Depreciation expense totaled

$2.2

million during the

first

nine

months of

2017

and

2016

.