Note 6 - Premises and Equipment
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
(6)
Premises
and
Equipment
 
Premises and equipment are comprised of the following as of
December
31:
 
 
 
20
16
 
  
2015
  
                 
Land
 
$
9,668,722
 
   $
9,696,723
  
Building
 
 
25,239,165
 
    
23,927,467
  
Furniture, Fixtures and Equipment
 
 
12,461,043
 
    
12,154,375
  
Leasehold Improvements
 
 
653,939
 
    
993,618
  
Construction in Progress
 
 
1,530,359
 
    
1,170,050
  
                 
 
 
 
49,553,228
 
    
47,942,233
  
Accumulated Depreciation
 
 
(21,583,968
)
    
(21,488,703
 )
                 
 
 
$
27,969,260
 
   $
26,453,530
  
 
Depreciation charged to operations totaled
$1,574,249
in
2016,
$1,657,229
in
2015,
and
$1,595,253
in
2014.
 
Certain Company facilities and equipment are leased under various operating leases. Rental expense approximated
$437,000
for
2016,
$560,000
for
2015,
and
$613,000
for
2014.
 
Future minimum rental payments as of
December
31,
2016
are as follows:
 
Year
Ending
December
31
 
Amount
 
         
2017
   $
39,820
  
         
    $
39,820