XML 71 R53.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Income Tax (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Reconciliation of Income Taxes |
| December 31 2021 |  | December 31 2020 |  | December 31 2019
Income tax expense |  |  |  |  |
Currently payable |  |  |  |  |
Federal | $ | 11,742 |  |  | $ | 16,914 |  |  | $ | 11,143 |
State | 1,303 |  |  | 2,377 |  |  | 140 |
Deferred |  |  |  |  |
Federal | 2,056 |  |  | (7,970) |  |  | 1,787 |
State | 255 |  |  | (1,451) |  |  | 233 |
Total income tax expense | $ | 15,356 |  |  | $ | 9,870 |  |  | $ | 13,303 |
Reconciliation of federal statutory to actual tax expense |  |  |  |  |
Federal statutory income tax at 21% | $ | 21,514 |  |  | $ | 16,457 |  |  | $ | 16,767 |
Tax exempt interest | (5,362) |  |  | (4,090) |  |  | (2,977) |
Tax exempt income | (604) |  |  | (531) |  |  | (587) |
Stock compensation | (250) |  |  | (160) |  |  | (324) |
Other tax exempt income | (404) |  |  | (334) |  |  | (313) |
State tax | 1,231 |  |  | 733 |  |  | 295 |
Tax credit investments | (981) |  |  | (2,284) |  |  | — |
Nondeductible and other | 212 |  |  | 79 |  |  | 442 |
Actual tax expense | $ | 15,356 |  |  | $ | 9,870 |  |  | $ | 13,303 |
Reconciliation of Deferred Tax Assets & Liabilities |
| December 31 2021 |  | December 31 2020
Assets |  |  |
Allowance for loan losses | $ | 13,707 |  |  | $ | 13,966 |
Net operating loss and tax credits (from acquisitions) | — |  |  | 3 |
Director and employee benefits | 2,094 |  |  | 2,035 |
Other | 1,785 |  |  | 3,139 |
Total assets | 17,586 |  |  | 19,143 |
Liabilities |  |  |
Depreciation | (4,540) |  |  | (4,374) |
State tax | (261) |  |  | (315) |
Federal Home Loan Bank stock dividends | (371) |  |  | (363) |
Difference in basis of intangible assets | (3,476) |  |  | (2,921) |
Fair value adjustment on acquisitions | (3,435) |  |  | (3,284) |
Unrealized gain on AFS securities and fair value hedge | (1,953) |  |  | (7,404) |
Other | (222) |  |  | (294) |
Total liabilities | (14,258) |  |  | (18,955) |
Net deferred tax asset/(liability) | $ | 3,328 |  |  | $ | 188 |

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

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 http://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