Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Taxes [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

(Dollars in thousands)	2021		2020
Current tax expense:
Federal	$	3,920	$	5,477
State		1,614		2,025
		5,534		7,502
Deferred income tax (benefit) expense:
Federal		136		(1,650)
State		142		(535)
		278		(2,185)
Total income tax expense	$	5,812	$	5,317

Schedule of Effective Income Tax Rate Reconciliation

	2021		2020
Tax at federal statutory rate	21	%	21	%
Tax effect of:
Tax-exempt income	(1.6)		(1.6)
State income taxes, net of federal benefit	6.6		5.6
Other	1.4		0.3
Actual income tax expense rate	27.4	%	25.3	%

Schedule of Deferred Tax Assets and Liabilities

	December 31,		December 31,
(Dollars in thousands)	2021		2020
Deferred tax assets:
Allowance for credit losses	$	3,728	$	3,721
Write-downs of other real estate owned		12		12
Nonaccrual loan interest		253		367
Lease liabilities		3,021		1,296
Deferred compensation		1,246		778
Deferred loan costs		730		1,122
Other		903		231
Total deferred tax assets		9,893		7,527
Less valuation allowance		(474)		(169)
Deferred tax assets, net of valuation allowance		9,419		7,358
Deferred tax liabilities:
Depreciation		1,030		177
Right-of-use assets		2,968		1,275
Mortgage servicing rights		1,084		—
Acquisition accounting adjustments		986		580
Deferred capital gain on branch sale		180		187
Unrealized gains on available-for-sale securities		13		567
Other		232		130
Total deferred tax liabilities		6,493		2,916
Net deferred tax assets	$	2,926	$	4,442