Note 6 - Bank Premises and Equipment
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
Note
6
.
BANK PREMISES AND EQUIPMENT
 
The following table summarizes bank premises and equipment at
December
31,
2016
and
2015:
 
 
 
December 31,
 
(in thousands)
 
2016
 
 
2015
 
Land
   $
2,757
    $
2,731
 
Buildings and improvements
    
7,676
     
7,406
 
Furniture, fixtures and equipment
    
12,299
     
12,674
 
Leasehold improvements
    
5,184
     
5,007
 
Total
    
27,916
     
27,818
 
Accumulated depreciation
    
(17,132
 )    
(16,625
 )
Net
   $
10,784
    $
11,193
 
 
Depreciation and amortization expense of premises and equipment amounted to
$1.3
million,
$1.2
million, and
$1.3
million for the years ended
December
31,
2016,
2015
and
2014,
respectively.
 
On
January
24,
2014,
FNCB sold the premises and certain equipment of its Marshalls Creek, Monroe County branch as part of the Branch Purchase Agreement with ESSA Bank and Trust. The property sold had a net book value of
$2.3
million, and FNCB realized a gain on the sale of the property of
$181
thousand, which is included in the
$607
thousand gain on branch divestitures in non-interest income for the year ended
December
31,
2014.