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Note 5 - Premises and Equipment
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

(5)         PREMISES AND EQUIPMENT

 

Premises and equipment as of December 31, 2022 and 2021 consisted of the following:

 

(In thousands)

 

2022

   

2021

 
                 

Land and land improvements

  $ 5,219     $ 5,219  

Leasehold improvements

    134       134  

Office buildings

    16,911       16,750  

Furniture, fixtures and equipment

    6,757       6,695  
      29,021       28,798  

Less accumulated depreciation

    14,353       13,621  
                 

Totals

  $ 14,668     $ 15,177  

 

Depreciation expense was $924,000, $996,000 and $1.1 million for the years ended December 31, 2022, 2021 and 2020, respectively.