XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Note 7 - INCOME TAXES (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Notes Tables |
Reconciliation of the expected federal income tax expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Three Months Ended September 30, | ​ | ​ | For the Nine Months Ended September 30, | ​ | ​
​ | ​ | 2022 | ​ | 2021 | ​ | ​ | 2022 | ​ | 2021 | ​ | ​
​ | ​ | ​ | ​ | ​ | % of | ​ | ​ | ​ | ​ | % of | ​ | ​ | ​ | ​ | ​ | % of | ​ | ​ | ​ | ​ | % of | ​ | ​
​ | ​ | ​ | ​ | ​ | Pretax | ​ | ​ | ​ | ​ | Pretax | ​ | ​ | ​ | ​ | ​ | Pretax | ​ | ​ | ​ | ​ | Pretax | ​ | ​
​ |  | Amount |  | Income |  | Amount |  | Income |  | ​ | Amount |  | Income |  | Amount |  | Income | ​ |
​ | ​ | (dollars in thousands) | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Computed "expected" tax expense | ​ | $ | 7,165 |  | 21.0 | % | $ | 8,293 |  | 21.0 | % | ​ | $ | 16,130 |  | 21.0 | % | $ | 18,512 |  | 21.0 | % | ​
Tax exempt income, net | ​ |  | (3,003) |  | (8.8) | ​ |  | (2,032) |  | (5.1) | ​ | ​ |  | (7,701) |  | (10.0) | ​ |  | (5,553) |  | (6.3) | ​ | ​
Bank-owned life insurance | ​ |  | (127) |  | (0.4) | ​ |  | (93) |  | (0.2) | ​ | ​ |  | (273) |  | (0.4) | ​ |  | (287) |  | (0.3) | ​ | ​
State income taxes, net of federal benefit, current year | ​ |  | 1,616 |  | 4.7 | ​ |  | 1,799 |  | 4.6 | ​ | ​ |  | 3,889 |  | 5.1 | ​ |  | 4,070 |  | 4.6 | ​ | ​
Provision adjustment from accounting method change | ​ | ​ | — | ​ | — | ​ | ​ | — | ​ | — | ​ | ​ | ​ | (1,181) | ​ | (1.5) | ​ | ​ | — | ​ | — | ​ | ​
Tax credits | ​ |  | (359) |  | (1.1) | ​ |  | (57) |  | (0.1) | ​ | ​ |  | (890) |  | (1.2) | ​ |  | (171) |  | (0.2) | ​ | ​
Income from tax credit equity investments | ​ | ​ | (337) | ​ | (1.0) | ​ | ​ | (3) | ​ | — | ​ | ​ | ​ | (939) | ​ | (1.2) | ​ | ​ | (8) | ​ | — | ​ | ​
Acquisition costs | ​ |  | 78 |  | 0.2 | ​ |  | — |  | — | ​ | ​ |  | 450 |  | 0.6 | ​ |  | — |  | — | ​ | ​
Excess tax benefit on stock options exercised and restricted stock awards vested | ​ |  | (46) |  | (0.1) | ​ |  | (107) |  | (0.3) | ​ | ​ |  | (520) |  | (0.7) | ​ |  | (311) |  | (0.4) | ​ | ​
Other | ​ |  | (163) |  | (0.5) | ​ |  | 129 |  | 0.2 | ​ | ​ |  | (316) |  | (0.4) | ​ |  | 6 |  | — | ​ | ​
Federal and state income tax expense | ​ | $ | 4,824 |  | 14.1 | % | $ | 7,929 |  | 20.1 | % | ​ | $ | 8,649 |  | 11.3 | % | $ | 16,258 |  | 18.4 | % | ​
​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration