XML 80 R59.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Income Taxes (FY) (Table) | 12 Months Ended
--- | ---
Dec. 31, 2017
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | Income tax expense in the consolidated statements of income for the years ended December 31, 2017 and 2016, includes the following (in thousands):
|  | 2017 |  | 2016
Current tax expense |  |  |  |  |  |
Federal |  | $ | 1,962 |  |  | $ | 2,503 |
State |  | 428 |  |  | 531 |
Deferred tax expense (benefit) related to: |  |  |  |  |  |
Provision for loan losses |  | (355 | ) |  | (320 | )
Depreciation |  | 374 |  |  | 203 |
Fair value adjustments |  | 1,611 |  |  | 356 |
Nonaccrual interest |  | (26 | ) |  | (26 | )
Foreclosed real estate |  | 55 |  |  | 117 |
Core deposit intangible |  | (123 | ) |  | (117 | )
Other |  | 63 |  |  | 115 |
Change in tax rate |  | 2,440 |  |  | — |
Total income tax expense |  | $ | 6,429 |  |  | $ | 3,362 |
Schedule of Effective Income Tax Rate Reconciliation | The income tax expense is different from the expected tax expense computed by multiplying income before income tax expense by the statutory income tax rates. The reasons for this difference are as follows (in thousands):
|  | 2017 |  | 2016
Federal income tax expense computed at the statutory rate |  | $ | 3,891 |  |  | $ | 3,115 |
State income taxes, net of federal tax benefit |  | 491 |  |  | 393 |
Nondeductible acquisition expenses |  | 364 |  |  | — |
Change in tax rate |  | 2,440 |  |  | — |
Other |  | (757 | ) |  | (146 | )
Total income tax expense |  | $ | 6,429 |  |  | $ | 3,362 |
Schedule of Deferred Tax Assets and Liabilities | The components of the net deferred tax asset as of December 31, 2017 and 2016, were as follows (in thousands):
|  | 2017 |  | 2016
Deferred tax assets: |  |  |  |  |  |
Allowance for loan losses |  | $ | 1,561 |  |  | $ | 1,932 |
Fair value adjustments |  | 4,829 |  |  | 3,744 |
Foreclosed real estate |  | 301 |  |  | 539 |
Deferred compensation |  | 849 |  |  | 415 |
State net operating loss carryforward |  | — |  |  | — |
Other |  | 849 |  |  | 561 |
Total deferred tax assets |  | 8,389 |  |  | 7,191 |
Deferred tax liabilities: |  |  |  |  |  |
Accumulated depreciation |  | 1,194 |  |  | 1,903 |
Core deposit intangible |  | 1,945 |  |  | 946 |
Other |  | 223 |  |  | 639 |
Total deferred tax liabilities |  | 3,362 |  |  | 3,488 |
Net deferred tax asset |  | $ | 5,027 |  |  | $ | 3,703 |

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

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=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration