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

The detail of premises and equipment at  December 31, 2022 and 2021 is as follows:

	In Thousands
	2022			2021
Land	$	20,822		$	20,156
Buildings		46,579			46,112
Leasehold improvements		1,621			1,155
Furniture and equipment		14,858			14,705
Automobiles		373			241
Construction-in-progress		2,711			3,335
		86,964			85,704
Less accumulated depreciation		(24,933	)		(22,858	)
	$	62,031		$	62,846

During 2022, 2021 and 2020, payments of $379,000, $1,227,000 and $571,000, respectively, were made to an entity owned by a director for the construction of buildings and repair work on existing buildings.

Depreciation expense was $4,370,000, $4,235,000 and $4,250,000 for the years ended December 31, 2022, 2021 and 2020, respectively.