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Note 15 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year Ended December 31,
(Amounts in thousands)		2018				2017				2016
Current tax expense (benefit):
Federal		$	7,201			$	14,509			$	13,634
State			1,233				926				675
Total current tax expense			8,434				15,435				14,309
Deferred tax expense (benefit):
Federal			296				5,205				(1,480	)
State			52				(12	)			(10	)
Total deferred tax expense (benefit)			348				5,193				(1,490	)
Total income tax expense		$	8,782			$	20,628			$	12,819

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year Ended December 31,
		2018								2017								2016
		Amount				Percent				Amount				Percent				Amount				Percent
(Amounts in thousands)
Federal income tax at the statutory rate		$	9,475				21.00	%		$	14,739				35.00	%		$	13,281				35.00	%
State income tax, net of federal benefit			1,016				2.25	%			692				1.64	%			598				1.58	%
			10,491				23.25	%			15,431				36.64	%			13,879				36.58	%
Increase (decrease) resulting from:
Tax-exempt interest income			(702	)			-1.56	%			(1,228	)			-2.92	%			(1,336	)			-3.52	%
Nondeductible goodwill impairment and disposition			569				1.26	%			-				0.00	%			340				0.89	%
Bank owned life insurance			(144	)			-0.32	%			(478	)			-1.13	%			(335	)			-0.88	%
Deferred tax revaluation			(1,669	)			-3.70	%			6,552				15.56	%			-				0.00	%
Other items, net			237				0.53	%			351				0.83	%			271				0.71	%
Income tax at the effective tax rate		$	8,782				19.46	%		$	20,628				48.98	%		$	12,819				33.78	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		December 31,
(Amounts in thousands)		2018				2017
Deferred tax assets
Allowance for loan losses		$	4,275			$	4,511
Unrealized losses on available-for-sale securities			87				-
Unrealized asset losses			730				722
Purchase accounting			24				3,418
FDIC assisted transactions			1,510				4,131
Intangible assets			2,430				2,616
Deferred compensation assets			3,468				3,617
Deferred loan fees			1,201				1,221
Other			491				450
Total deferred tax assets			14,216				20,686
Deferred tax liabilities
FDIC indemnification asset			1,195				8,525
Fixed assets			1,381				1,282
Unrealized gains on available-for-sale securities			-				259
Odd days interest deferral			1,614				233
Other			460				819
Total deferred tax liabilities			4,650				11,118
Net deferred tax asset		$	9,566			$	9,568

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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
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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

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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

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-SubTopic 10
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