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Note 4 - Premises and Equipment, Net
9 Months Ended
Sep. 30, 2021
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,

2021

  

December 31,

2020

 
         

Land and improvements

 $15,097,000  $16,533,000 

Buildings

  55,579,000   56,114,000 

Furniture and equipment

  22,231,000   21,522,000 
   92,907,000   94,169,000 

Less: accumulated depreciation

  35,442,000   35,210,000 
         

Premises and equipment, net

 $57,465,000  $58,959,000 

 

Depreciation expense totaled $1.5 million and $1.3 million during the third quarters of 2021 and 2020, respectively. Depreciation expense totaled $4.3 million during the first nine months of 2021, compared to $3.8 million during the first nine months of 2020.