XML 67 R37.htm IDEA: XBRL DOCUMENT v3.6.0.2

Note K - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		2016				2015				2014
Current tax expense		$	2,645			$	2,218			$	3,637
Deferred tax (benefit) expense			(725	)			591				(517	)
Total income taxes		$	1,920			$	2,809			$	3,120

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		2016				2015
Items giving rise to deferred tax assets:
Allowance for loan losses		$	2,538			$	2,302
Unrealized loss on securities available for sale			510				----
Deferred compensation			2,194				2,089
Deferred loan fees/costs			248				273
Other real estate owned			719				370
Accrued bonus			240				166
Purchase accounting adjustments			305				----
Net operating loss			258				----
Other			275				143
Items giving rise to deferred tax liabilities:
Mortgage servicing rights			(134	)			(149	)
FHLB stock dividends			(1,078	)			(1,074	)
Unrealized gain on securities available for sale			----				(157	)
Prepaid expenses			(283	)			(234	)
Depreciation and amortization			(823	)			(740	)
Other			(4	)			(5	)
Net deferred tax asset		$	4,965			$	2,984

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		2016				2015				2014
Statutory tax		$	3,006			$	3,870			$	3,806
Effect of nontaxable interest			(433	)			(437	)			(418	)
Effect of nontaxable insurance premiums			(340	)			(336	)			(142	)
Income from bank owned insurance, net			(239	)			(210	)			(217	)
Effect of postretirement benefits			(19	)			71				238
Effect of nontaxable life insurance death proceeds			----				(11	)			----
Effect of state income tax			64				66				73
Tax credits			(211	)			(221	)			(231	)
Milton Merger Costs			73				----				----
Other items			19				17				11
Total income taxes		$	1,920			$	2,809			$	3,120

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration