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

Three months ended September 30, 

2021

2020

    

    

Percent of

  

  

    

Percent of

  

(dollars in thousands)

Amount

Pretax Income

  

Amount

Pretax Income

  

Taxes at statutory federal income tax rate

$

3,598

 

21.0

%

$

4,894

 

21.0

Tax effect of:

 

 

Tax exempt income

(134)

 

(0.8)

%

(134)

 

(0.6)

Other

600

 

3.5

%

888

 

3.8

Applicable income taxes

$

4,064

23.7

%

$

5,648

24.2

Nine months ended September 30, 

2021

2020

    

    

Percent of

  

  

    

Percent of

 

(dollars in thousands)

Amount

Pretax Income

  

Amount

Pretax Income

 

Taxes at statutory federal income tax rate

$

10,993

 

21.0

$

9,491

 

21.0

%

Tax effect of:

 

  

 

  

 

  

 

  

Tax exempt income

 

(434)

 

(0.8)

 

(382)

 

(0.8)

%

Other

1,811

3.5

1,589

3.5

%

Applicable income taxes

$

12,370

 

23.7

$

10,698

 

23.7

%