v3.19.1

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The following table presents the components of income tax expense for the periods indicated:

		Year Ended December 31,
($ in thousands)		2018				2017				2016
Current:
Federal		$	6,322			$	9,924			$	7,856
State		3,481				3,282				2,506
Total current income tax expense		9,803				13,206				10,362
Deferred:
Federal		369				66				(61		)
Adjustment of deferred tax assets for enacted changes in tax rate		25				1,622				—
State		247				45				100
Total deferred income tax expense		641				1,733				39
Total		$	10,444			$	14,939			$	10,401

Schedule of Effective Income Tax Rate Reconciliation

The following table presents a reconciliation of the recorded income tax expense to the amount of taxes computed by applying the applicable statutory Federal income tax rate for the periods indicated:

		Year Ended December 31,
		2018			2017			2016
Statutory federal tax rate		21.00	%		35.00	%		35.00	%
State franchise tax, net of federal tax benefit		8.48	%		6.90	%		6.94	%
Share-based compensation		0.24	%		0.49	%		0.66	%
Remeasurement from the Tax Cuts and Jobs Act		0.07	%		5.17	%		—	%
Other items, net		0.27	%		0.10	%		0.02	%
Effective income tax rate		30.06	%		47.66	%		42.62	%

Schedule of Deferred Tax Assets and Liabilities

The following table presents the components of the net deferred tax asset accounts recognized in the accompanying consolidated balance sheets as of the dates indicated:

		December 31,
($ in thousands)		2018				2017
Deferred tax assets:
Allowance for loan losses		$	3,866			$	3,587
Share-based compensation		264				209
Unrealized loss on investment securities		744				574
State tax benefit		739				694
Other		529				614
Total deferred tax assets		6,142				5,678
Deferred tax liabilities:
Depreciation on premises and equipment		453				423
Loans held-for-sale market adjustment		1,653				787
Deferred loan origination costs		582				527
Other		77				94
Total deferred tax liabilities		2,765				1,831
Deferred tax assets, net		$	3,377			$	3,847

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