XML 35 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1

INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2018

Income Tax Disclosure [Abstract]

Summary of Income Tax Expense

The following table summarizes income tax expense for the three and six months ended June 30, 2018 and 2017.

	Three months ended June 30,								Six months ended June 30,
(Dollars in thousands)	2018				2017				2018				2017
Current expense	$	125			$	136			$	348			$	195
Deferred expense	249				380				518				745
Income tax expense	$	374			$	516			$	866			$	940

Summary of Deferred Tax Assets and Liabilities

The following table summarizes deferred tax assets and liabilities at June 30, 2018 and December 31, 2017.

(Dollars in thousands)	June 30, 2018				December 31, 2017
Deferred tax assets:
Allowance for loan losses	$	3,056			$	2,919
Deferred compensation	353				355
Retirement plans and salary continuation	1,360				1,301
Share-based compensation	629				597
Off-balance sheet reserves	189				207
Nonaccrual loan interest	296				258
Net unrealized losses on securities available for sale	716				0
Goodwill	30				39
Bonus accrual	241				25
Low-income housing credit carryforward	1,402				2,313
Other	300				390
Total deferred tax assets	8,572				8,404
Deferred tax liabilities:
Depreciation	410				488
Net unrealized gains on securities available for sale	0				757
Mortgage servicing rights	565				536
Purchase accounting adjustments	243				251
Other	149				122
Total deferred tax liabilities	1,367				2,154
Net deferred tax asset, included in Other Assets	$	7,205			$	6,250

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&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://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=84230637&loc=d3e32537-109319

+ Details

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