XML 92 R77.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Components of the provision for income taxes, exclusive of tax effect of unrealized AFS securities gains and losses [Abstract]      
Current income tax expense $ 11,560 $ 20,108 $ 18,417
Deferred income tax expense (benefit) (246) (259) 701
Effect of Tax Cuts & Jobs Act (benefit) 0 (2,831) 0
Total income tax expense $ 11,314 $ 17,018 $ 19,118
Federal corporate income tax rate 21.00% 35.00% 35.00%
Reconciliation of income tax expense at the statutory rate to actual income tax expense [Abstract]      
Computed at the statutory rate $ 14,814 $ 23,979 $ 23,262
Adjustments resulting from [Abstract]      
Tax-exempt interest (673) (1,259) (1,289)
Housing and new markets credits (2,635) (2,579) (2,680)
Dividends received deduction (9) (129) (136)
Bank owned life insurance (599) (492) (518)
ESOP dividend deduction (188) (319) (313)
Stock option exercises and restricted stock vesting (39) (170) 0
Effect of Tax Cuts & Jobs Act 0 (2,831) 0
Other, net 643 818 792
Total income tax expense $ 11,314 $ 17,018 $ 19,118
Reconciliation of income tax expense at the statutory rate to actual income tax expense [Abstract]      
Computed at the statutory rate 21.00% 35.00% 35.00%
Adjustment resulting from [Abstract]      
Tax-exempt interest (0.95%) (1.84%) (1.94%)
Housing and new markets credits (3.73%) (3.76%) (4.03%)
Dividends received deduction (0.01%) (0.19%) (0.20%)
Bank owned life insurance (0.85%) (0.72%) (0.78%)
ESOP dividend deduction (0.27%) (0.47%) (0.47%)
Stock option exercises and restricted stock vesting (0.06%) (0.25%) 0.00%
Effect of Tax Cuts & Jobs Act (0.00%) (4.13%) 0.00%
Other, net 0.91% 1.20% 1.18%
Total 16.04% 24.84% 28.76%
Deferred tax assets [Abstract]      
Allowance for loan and lease losses $ 7,541 $ 7,592  
Interest on nonperforming loans 531 560  
Accrued expenses 1,093 442  
Allowance for other real estate owned 1,435 1,322  
Limited partnership investments 0 64  
Unrealized losses on AFS securities 1,757 932  
Other 164 204  
Total deferred tax assets 12,521 11,116  
Deferred tax liabilities [Abstract]      
Depreciation and amortization (12,210) (12,270)  
FHLB stock dividends (1,704) (2,076)  
Loan fee income (419) (263)  
Mortgage servicing rights (757) (732)  
Capitalized lease obligations 0 (14)  
Limited partnership investments (257) 0  
Other (537) (195)  
Total deferred tax liabilities (15,884) (15,550)  
Net deferred tax liability $ (3,363) $ (4,434)