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Other Assets (Tables)
6 Months Ended
Jun. 30, 2020
Other Assets [Abstract]  
Schedule of Other Assets

(Dollars in thousands)

    

2020

    

2019

    

Accrued interest receivable

$

6,167

$

3,455

Deferred income taxes

 

3,677

 

2,754

Prepaid expenses

 

1,366

 

1,157

Cash surrender value on life insurance

 

30,430

 

29,770

Income taxes receivable

175

Other assets

 

3,624

 

3,261

Total

$

45,264

$

40,572

Schedule of Deferred Tax Assets and Liabilities

    

June 30, 

December 31, 

(Dollars in thousands)

    

2020

    

2019

Deferred tax assets:

 

  

 

  

Allowance for credit losses

$

3,005

$

2,850

Write-downs of other real estate owned

 

2

 

9

Nonaccrual loan interest

 

443

 

353

Unrealized losses on available-for-sale securities transferred to held to maturity

1

 

4

Other

 

2,192

 

735

Total deferred tax assets

 

5,643

 

3,951

Less valuation allowance

(95)

(63)

Deferred tax assets net of valuation allowance

5,548

3,888

Deferred tax liabilities:

 

  

 

  

Depreciation

 

172

 

198

Acquisition accounting adjustments

 

615

 

508

Deferred capital gain on branch sale

 

190

 

194

Unrealized gains on available-for-sale securities

 

746

 

74

Other

148

160

Total deferred tax liabilities

 

1,871

 

1,134

Net deferred tax assets

$

3,677

$

2,754