XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.20.2

Note 21 - Qualified Affordable Housing Project Investments | 9 Months Ended
--- | ---
Sep. 30, 2020
Notes to Financial Statements |
Affordable Housing Program [Text Block] | NOTE 2 1 - QUALIFIED AFFORDABLE HOUSING PROJECT INVESTMENTS The Company began investing in qualified housing projects in 2016. At September 30, 2020 and December 31, 2019, the balance of the investment for qualified affordable housing projects was $7.9 million and $8.6 million, respectively. This balance is reflected in the accrued interest and other assets line on the consolidated balance sheets. Total unfunded commitments related to the investments in qualified housing projects totaled $2.0 million and $4.2 million at September 30, 2020 and December 31, 2019, respectively. The Company expects to fulfill these commitments between 2020 and 2027. For the three months ended September 30, 2020 and 2019, the Company recognized amortization expense of $247,000 and $225,000, respectively, which was included within income tax expense on the consolidated statements of income. For the nine months ended September 30, 2020 and 2019, the Company recognized amortization expense of $740,000 and $675,000, respectively, which was included within income tax expense on the consolidated statements of income.

X
- Definition The entire disclosure for Affordable Housing Program (AHP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -URI http://asc.fasb.org/topic&trid=2209208 + Details
Name: | us-gaap_AffordableHousingProgramTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration