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Income Tax | 12 Months Ended
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Dec. 31, 2012
Income Tax [Abstract] |
Income Tax | Note 16 — Income Tax
|  | December 31 2012 |  |  | December 31 2011 |  |  | December 31 2010 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |
Currently payable |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 5,582 |  |  | $ | 4,034 |  |  | $ | 3,018 |
State |  |  | 120 |  |  |  | 44 |  |  |  | 37 |
Deferred |  |  | 2,744 |  |  |  | 108 |  |  |  | (113 | )
Total income tax expense |  | $ | 8,446 |  |  | $ | 4,186 |  |  | $ | 2,942 |
Reconciliation of federal statutory to actual tax expense |  |  |  |  |  |  |  |  |  |  |  |
Federal statutory income tax at 34% |  | $ | 9,800 |  |  | $ | 5,774 |  |  | $ | 4,555 |
Tax exempt interest |  |  | (1,419 | ) |  |  | (1,416 | ) |  |  | (1,453 | )
Tax exempt income |  |  | (359 | ) |  |  | (457 | ) |  |  | (273 | )
Nondeductible and other |  |  | (177 | ) |  |  | 216 |  |  |  | 81 |
Effect of state income taxes |  |  | 601 |  |  |  | 69 |  |  |  | 32 |
Actual tax expense |  | $ | 8,446 |  |  | $ | 4,186 |  |  | $ | 2,942 |
|  | December 31 2012 |  |  | December 31 2011 |  |  |  |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Allowance for loan losses |  | $ | 6,442 |  |  | $ | 7,079 |  |  |  |  |
Net operating loss |  |  | 1,452 |  |  |  | — |  |  |  |  |
Intangible assets |  |  | 2,151 |  |  |  | — |  |  |  |  |
Director and employee benefits |  |  | 1,357 |  |  |  | 1,150 |  |  |  |  |
Other |  |  | 581 |  |  |  | 534 |  |  |  |  |
Total assets |  |  | 11,983 |  |  |  | 8,763 |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Depreciation |  |  | (1,418 | ) |  |  | (1,545 | ) |  |  |  |
Difference in expense recognition |  |  | (519 | ) |  |  | (66 | ) |  |  |  |
State tax |  |  | (374 | ) |  |  | — |  |  |  |  |
Federal Home Loan Bank stock dividends |  |  | (296 | ) |  |  | (272 | ) |  |  |  |
Difference in basis of intangible assets |  |  | — |  |  |  | (1,843 | ) |  |  |  |
FHLB Penalty |  |  | (748 | ) |  |  | (965 | ) |  |  |  |
Unrealized gain on securities available for sale |  |  | (4,901 | ) |  |  | (4,222 | ) |  |  |  |
Other |  |  | (580 | ) |  |  | (335 | ) |  |  |  |
Total liabilities |  |  | (8,836 | ) |  |  | (9,248 | ) |  |  |  |
Net deferred tax asset (liability) |  | $ | 3,147 |  |  | $ | (485 | ) |  |  |  |
As of December 31, 2012, the Company had approximately $7.0 million of state tax loss carryforward available to offset future franchise tax. Also, at December 31, 2012, the Company had approximately $4.1 million of tax credits available to offset future federal income tax. The state loss carryforward begins to expire in 2014. The federal loss carryforward expires in 2026. The tax credits begin to expire in 2029. Management believes that the Company will be able to utilize the benefits recorded for both state and federal loss carryforwards and federal credits within the allotted time periods. The Company files income tax returns in the U.S. federal jurisdiction. With a few exceptions, the Company is no longer subject to U.S. federal, state and local or non-U.S. income tax examinations by tax authorities for years before 2009.

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 136, 172 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 43, 44, 45, 46, 47, 48, 49 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 + Details
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