XML 33 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1

INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2017

Income Tax Disclosure [Abstract]

Components of Income Tax Expense

The following table summarizes income tax expense for the three months ended March 31, 2017 and 2016.

	Three months ended March 31,
(Dollars in thousands)	2017				2016
Current year expense (benefit):
Federal	$	57			$	(112	)
State	2				(2		)
	59				(114		)
Deferred expense:
Federal	364				722
State	1				6
	365				728
Income tax expense	$	424			$	614

Components of Net Deferred Tax Asset

The following table presents the components of the net deferred tax asset, included in Other assets on the consolidated balance sheets.

(Dollars in thousands)	March 31, 2017				December 31, 2016
Deferred tax assets:
Allowance for loan losses	$	4,685			$	4,725
Deferred compensation	551				545
Retirement plans and salary continuation	1,980				1,942
Share-based compensation	684				583
Off-balance sheet reserves	284				313
Nonaccrual loan interest	474				370
Net unrealized losses on securities available for sale	50				600
Goodwill	85				92
Bonus accrual	132				236
Low-income housing credit carryforward	2,120				1,983
Alternative minimum tax credit carryforward	4,048				4,048
Net operating loss carryforward	2,054				2,520
Other	335				479
Total deferred tax assets	17,482				18,436
Deferred tax liabilities:
Depreciation	740				771
Mortgage servicing rights	778				777
Purchase accounting adjustments	427				435
Other	194				195
Total deferred tax liabilities	2,139				2,178
Net deferred tax asset	$	15,343			$	16,258

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 income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: 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=65882285&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
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://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=65882285&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration