Income Taxes (Tables)

6 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Provision for Income Taxes

The provision for income taxes consisted of the following (in thousands).

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2015			2014			2015		2014
Federal:
Current	$	(21	)	$	81		$	51	$	91
Deferred		209			(2	)		402		(2	)
		188			79			453		89
State:
Current		185			174			234		199
Deferred		2			1			6		2
		187			175			240		201
	$	375		$	254		$	693	$	290

Provision for Income Taxes Differs from Amounts Computed by Applying Statutory Federal Corporate Tax Rate

The provision for income taxes differs from the amounts computed by applying the statutory federal corporate tax rate of 35% to income before income taxes as a result of the following (in thousands).

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2015			2014			2015			2014
Provision for income taxes at statutory rate	$	242		$	1,303		$	523		$	1,495
Tax effect of:
Tax-exempt investment income		(5	)		(5	)		(10	)		(10	)
Change in the beginning of the period balance of the    valuation allowance for deferred tax assets allocated    to federal income taxes		2			(1,233	)		2			(1,456	)
Stock-based compensation		22			7			22			44
State income taxes, net of federal income tax benefit    and state valuation allowance		122			175			158			201
Other		(8	)		7			(2	)		16
	$	375		$	254		$	693		$	290