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Note 12 - Income Taxes - Net Deferred Tax Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Allowance for credit losses $ 3,641 $ 2,624
Acquisition accounting adjustments, net 450 420
Post-retirement benefits 333 214
Core deposit intangible 0 232
Unvested stock-based compensation 94 87
Reserve for letter of credit losses 18 44
Limited partnership investments 2 39
Lease liability 425 69
Unrealized loss on securities available for sale 5,534 5,495
NOL carryover - acquired from Fincastle 1,207 1,337
Loan origination fees, net 2,937 241
Total deferred tax assets 14,641 10,802
Depreciation 1,043 638
Right of use asset 421 69
Investment in partnerships 70 0
Core deposit intangible 2,937 0
Cash flow hedges 565 523
Total deferred tax liabilities 5,036 1,230
Net deferred tax assets $ 9,605 $ 9,572