Note 6 - Premises and Equipment

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 6. Premises and Equipment

At

December 

31,

 

2019

and

2018,

premises and equipment consisted of the following:

(In thousands)	Balance as of December 31,
	2019			2018
Land	$	12,819		$	12,819
Buildings		20,287			20,200
Leasehold Improvements		4,024			3,891
Furniture, equipment, and software		11,687			11,242
Construction-in-progress		50			113
Premises and equipment, gross		48,867			48,265
Accumulated depreciation and amortization		(14,299	)		(12,830	)
Premises and equipment, net	$	34,568		$	35,435

For the years ended

December 

31,

 

2019,

2018

and

2017,

depreciation and amortization expense related to premises and equipment totaled

$1.6

million,

$1.5

million, and

$1.2

million, respectively.