XML 104 R88.htm IDEA: XBRL DOCUMENT v3.3.1.900
Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Deferred tax assets:    
Allowance for loan losses $ 4,251 $ 4,441
ASC 715 pension funding liability 8,438 10,887
Net operating loss carryforward [1] 212 255
Supplemental executive retirement plan accrual 1,690 1,392
Other 553 509
Total deferred tax assets 15,144 17,484
Deferred tax liabilities:    
Premises and equipment (2,081) (976)
Pension (4,181) (5,636)
Stock compensation (510) (394)
Intangible/assets (1,314) (1,153)
Unrealized gain on investment in securities available-for-sale (4,658) (5,172)
Other (452) (407)
Total deferred tax liabilities (13,196) (13,738)
Net deferred tax assets $ 1,948 $ 3,746
[1] As of December 31, 2015, the Company had approximately $606,000 of net operating loss carry forwards as a result of the acquisition of Franklin Bancorp. The utilization of the net operating loss carry forward is subject to Section 382 of the Internal Revenue Code and limits the Company's use to approximately $122,000 per year during the carry forward period, which expires in 2020.