Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Taxes [Abstract]
Income Taxes	NOTE 10 - INCOME TAXES The components of the provision for federal income taxes are as follows: Years Ended December 31, 2021 2020 (In Thousands)Current$ 6,328 $ 7,754Deferred (383) (4,468) $ 5,945 $ 3,286 Deferred income taxes reflect temporary differences in the recognition of revenue and expenses for tax reporting and financial statement purposes, principally because certain items, such as the allowance for loan losses and loan fees are recognized in different periods for financial reporting and tax return purposes. As of December 31, 2021, the Company had a $3,894,000 net operating loss carryforward that will begin to expire by December 31, 2036. A valuation allowance has not been established for deferred tax assets. Realization of the deferred tax assets is dependent on generating sufficient taxable income. Although realization is not assured, management believes it is more likely than not that all of the deferred tax asset will be realized. Deferred tax assets are recorded in other assets. Income tax expense of the Company is less than the amounts computed by applying statutory federal income tax rates to income before income taxes because of the following: Percentage of Income before Income Taxes Years Ended December 31, 2021 2020 Tax at statutory rates 21.0% 21.0%Tax exempt interest income, net of interest expense disallowance (1.9) (3.7) Non-deductible merger related expenses — 1.1 Earnings and proceeds on life insurance (0.6) (1.0) Other 0.8 0.5 19.3% 17.9% The net deferred tax asset included in other assets in the accompanying Consolidated Balance Sheets includes the following amounts of deferred tax assets and liabilities: 2021 2020 (In Thousands)Deferred tax assets: Allowance for loan losses$ 3,855 $ 2,761Deferred compensation 817 758Core deposit intangible 231 230Prepaid expenses — 20Pension liability 302 118Foreclosed real estate valuation allowance 19 17Net operating loss carryforward 913 893Purchase price adjustment 2,487 2,832Deferred loan fees — 60Net unrealized loss on securities 386 —Other 404 747Total Deferred Tax Assets 9,414 8,436 Deferred tax liabilities: Premises and equipment 1,004 920Deferred loan fees 125 —Net unrealized gain on pension liability 318 272Net unrealized gain on securities — 1,089Total Deferred Tax Liabilities 1,447 2,281 Net Deferred Tax Asset$ 7,967 $ 6,155 The Company’s federal and state income tax returns for taxable years through 2018 have been closed for purposes of examination by the Internal Revenue Service and the Pennsylvania Department of Revenue.