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Other Assets (Tables)
6 Months Ended
Jun. 30, 2021
Other Assets [Abstract]  
Schedule of Other Assets

June 30, 

December 31, 

(Dollars in thousands)

    

2021

    

2020

    

Accrued interest receivable

$

5,387

$

6,616

Deferred income taxes

 

5,367

 

4,442

Prepaid expenses

 

1,535

 

1,472

Cash surrender value on life insurance

 

41,672

 

31,018

Income taxes receivable

156

Other assets

 

4,233

 

3,075

Total

$

58,194

$

46,779

Schedule of Deferred Tax Assets and Liabilities

    

June 30, 

December 31, 

(Dollars in thousands)

    

2021

    

2020

Deferred tax assets:

 

  

 

  

Allowance for credit losses

$

4,040

$

3,721

Write-downs of other real estate owned

 

12

 

12

Nonaccrual loan interest

 

297

 

367

Other

 

2,650

 

2,152

Total deferred tax assets

 

6,999

 

6,252

Less valuation allowance

(271)

(169)

Deferred tax assets, net of valuation allowance

6,728

6,083

Deferred tax liabilities:

 

  

 

  

Depreciation

 

166

 

177

Acquisition accounting adjustments

 

683

 

580

Deferred capital gain on branch sale

 

184

 

187

Unrealized gains on available-for-sale securities

 

220

 

567

Other

108

130

Total deferred tax liabilities

 

1,361

 

1,641

Net deferred tax assets

$

5,367

$

4,442