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Note 11 - Income Taxes - Net Deferred Tax Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Allowance for loan losses $ 1,199 $ 1,572
Acquisition accounting adjustments, net 822 0
Post-retirement benefits 156 101
Core deposit intangible 309 381
Unvested stock-based compensation 45 31
Reserve for letter of credit losses 66 0
Limited partnership investments 8 8
Lease liability 60 72
Housing tax credit 24 0
Unrealized loss on securities available for sale 118 0
NOL carryover - acquired from Fincastle 1,548 0
Loan origination fees, net 183 328
Total deferred tax assets 4,538 2,493
Depreciation 750 663
Right of use asset 61 73
Housing equity fund 12 0
Unrealized gains on securities available for sale 0 813
Other real estate owned 158 0
Cash flow hedges 198 91
Total deferred tax liabilities 1,179 1,640
Net deferred tax assets $ 3,359 $ 853