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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2021
Income Taxes  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
Year ended December 31
(Dollars in thousands)
2021
2020
Current income tax expense:
Federal
$
833
1,459
State
295
476
Total current income tax expense
1,128
1,935
Deferred income tax benefit:
Federal
220
(262)
State
58
(68)
Total deferred
 
income tax expense (benefit)
278
(330)
Total income tax expense
 
$
1,406
1,605
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
2021
2020
Percent of
Percent of
pre-tax
pre-tax
(Dollars in thousands)
Amount
earnings
Amount
earnings
Earnings before income taxes
$
9,445
9,059
Income taxes at statutory rate
1,983
21.0
%
1,902
21.0
%
Tax-exempt interest
(514)
(5.4)
(489)
(5.4)
State income taxes, net of
 
federal tax effect
352
3.7
345
3.8
New Markets Tax Credit
(356)
(3.8)
Bank-owned life insurance
(85)
(0.9)
(152)
(1.7)
Other
26
0.3
(1)
Total income tax expense
 
$
1,406
14.9
%
1,605
17.7
%
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
December 31
(Dollars in thousands)
2021
2020
Deferred tax assets:
Allowance for loan losses
$
1,240
1,411
Accrued bonus
 
192
183
Right of use liability
178
204
Other
77
91
Total deferred
 
tax assets
1,687
1,889
Deferred tax liabilities:
Premises and equipment
200
199
Unrealized gain on securities
298
2,548
Originated mortgage servicing rights
329
334
Right of use asset
173
198
New Markets Tax Credit investment
89
Other
163
147
Total deferred
 
tax liabilities
1,252
3,426
Net deferred tax asset (liability)
$
435
(1,537)
Schedule of Deferred Tax Asset Rollforward [Table Text Block]
Year ended December 31
(Dollars in thousands)
2021
2020
Net deferred tax asset (liability):
Balance, beginning of year
$
(1,537)
(9)
Deferred tax (expense) benefit related to continuing operations
(278)
330
Stockholders' equity, for accumulated
 
other comprehensive loss (income)
2,250
(1,858)
Balance, end of year
$
435
(1,537)