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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2021
Income Taxes  
Schedule of effective income tax rate reconciliation

Three months ended June 30, 

2021

2020

    

    

Percent of

  

  

    

Percent of

  

(dollars in thousands)

Amount

Pretax Income

  

Amount

Pretax Income

  

Taxes at statutory federal income tax rate

$

3,221

 

21.0

%

$

3,168

 

21.0

Tax effect of:

 

 

Tax exempt income

(148)

 

(1.0)

%

(127)

 

(0.8)

Other

571

 

3.7

%

572

 

3.8

Applicable income taxes

$

3,644

23.7

%

$

3,613

24.0

Six months ended June 30, 

2021

2020

    

    

Percent of

  

  

    

Percent of

 

(dollars in thousands)

Amount

Pretax Income

  

Amount

Pretax Income

 

Taxes at statutory federal income tax rate

$

7,395

 

21.0

$

4,596

 

21.0

%

Tax effect of:

 

  

 

  

 

  

 

  

Tax exempt income

 

(301)

 

(0.9)

 

(247)

 

(1.1)

%

Other

1,212

3.4

701

3.2

%

Applicable income taxes

$

8,306

 

23.5

$

5,050

 

23.1

%