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Note 11 - Income Taxes - Net Deferred Tax Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Allowance for loan losses $ 1,564 $ 1,199
Acquisition accounting adjustments, net 570 822
Post-retirement benefits 188 156
Core deposit intangible 270 309
Unvested stock-based compensation 81 45
Reserve for letter of credit losses 88 66
Limited partnership investments 39 8
Lease liability 113 60
Housing tax credit 0 24
Unrealized loss on securities available for sale 6,536 118
NOL carryover - acquired from Fincastle 1,434 1,548
Loan origination fees, net 176 183
Total deferred tax assets 11,059 4,538
Depreciation 701 750
Right of use asset 112 61
Housing equity fund 0 12
Other real estate owned 29 158
Cash flow hedges 563 198
Total deferred tax liabilities 1,405 1,179
Net deferred tax assets $ 9,654 $ 3,359