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INCOME TAXES (Details 3) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets:    
Allowance for credit losses $ 2,646 $ 2,464
Unfunded Commitments 129
Excess tax basis of deductible intangible assets 38 60
Net operating loss carry forward 933 840
Excess tax basis of assets acquired 18
Unrealized losses on available-for-sale securities 4,406 5,169
Unrealized losses on held-to-maturity securities 2,939 3,291
Compensation expense deferred for tax purposes 1,448 1,348
Deferred loss on other-than-temporary-impairment charges 5 5
FASB 91 - Origination Income & Costs 473 405
Other Real Estate Owned 229 231
Other 145 299
Total deferred tax asset 13,391 14,130
Valuation reserve 1,009 916
Total deferred tax asset net of valuation reserve 12,382 13,214
Liabilities:    
Tax depreciation in excess of book depreciation 445 619
Excess financial reporting basis of assets acquired 919 938
Unrealized gain on available-for-sale securities
Total deferred tax liabilities 1,364 1,557
Net deferred tax asset / (liability) recognized $ 11,018 $ 11,657