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Note 4 - Premises and Equipment
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 4 - Premises and Equipment

 

Premises and equipment consist of the following as of:

 

   

December 31, 2022

   

December 31, 2021

 
   

(In thousands)

 

Land

  $ 2,907     $ 2,907  

Buildings

    6,697       6,697  

Building improvements

    16,747       14,492  

Furniture, fixtures, and equipment

    7,082       7,512  

Software

    598       599  

Automobiles

    66       66  

Construction in progress

    663       3,361  
      34,760       35,634  

Less accumulated depreciation and amortization

    (16,671 )     (15,804 )
    $ 18,089     $ 19,830  

 

Depreciation expense was $2.0 million and $1.4 million for the years ended December 31, 2022 and 2021, respectively.