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INCOME TAXES (Tables)
3 Months Ended
Mar. 31, 2017
INCOME TAXES [Abstract]  
Summary of Provision for Income Tax Expense



 

 

 

 

 

 



 

 

 

 

 

 



 

Three Months Ended



 

March 31,



 

2017

 

2016



 

(in thousands)

Federal:

 

 

 

 

 

 

Current

 

$

1,114 

 

$

3,544 

Deferred

 

 

527 

 

 

1,439 

Federal income tax expense

 

 

1,641 

 

 

4,983 

State:

 

 

 

 

 

 

Current

 

 

219 

 

 

276 

Deferred

 

 

78 

 

 

536 

State income tax expense

 

 

297 

 

 

812 

Total income tax expense

 

$

1,938 

 

$

5,795 



Effective Federal and State Tax Rates to Income before Income Tax Expense



 

 

 

 

 

 



 

 

 

 

 

 



 

Three Months Ended



 

March 31,



 

2017

 

2016



 

(in thousands)

Computed expected tax expense provision, at federal rate

 

$

1,789 

 

$

5,389 

State tax, net of federal tax benefit

 

 

97 

 

 

534 

Other

 

 

52 

 

 

(128)

Total income tax expense

 

$

1,938 

 

$

5,795