Note 6 - Premises and Equipment

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 6: Premises and Equipment

A summary of the cost and accumulated depreciation of premises and equipment as of the dates indicated, follows:

	December 31,
	2022			2021
Premises	$	15,435		$	14,933
Furniture and equipment		6,658			6,819
Premises and equipment	$	22,093		$	21,752
Accumulated depreciation		(11,722	)		(12,030	)
Premises and equipment, net	$	10,371		$	9,722

Depreciation expense for the years ended December 31, 2022 and 2021 amounted to $609 and $636, respectively. 

Premises includes construction in process.  NBB has purchased land and developed plans for a new branch building in Roanoke, Virginia.  The amount included in construction in process totals $1,586 as of December 31, 2022.