XML 70 R60.htm IDEA: XBRL DOCUMENT v3.21.2
Federal Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Tax Disclosure [Abstract]        
Federal statutory tax rate 21.00% 21.00% 21.00% 21.00%
Income taxes at 34% statutory rate $ 1,176 $ 1,069 $ 3,684 $ 2,752
Interest income on tax exempt municipal securities (143) (176) (474) (570)
Earnings on corporate owned life insurance policies (43) (40) (153) (301)
Other (9) (4) (22) (12)
Total effect of nontaxable income (195) (220) (649) (883)
Effect of nondeductible expenses 11 7 23 14
Effective Income Tax Rate Reconciliation, Tax Credit, Amount 76 122 220 388
Federal income tax expense $ 916 $ 734 $ 2,838 $ 1,495