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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2017
Income Taxes [Abstract]  
Summary of differences between income taxes at the federal statutory and effective tax rate



 

 

 

 

 

 

 



For the three months ended
June 30,

 

For the six months ended
June 30,



2017

 

2016

 

2017

 

2016



(unaudited)

 

(unaudited)

Statutory tax rate

34.0% 

 

34.0% 

 

34.0% 

 

34.0% 

Increase (decrease) resulting from:

 

 

 

 

 

 

 

Tax exempt income on bank owned life insurance

(1.4%)

 

(1.8%)

 

(1.6)%

 

(2.1)%

Other, net

0.1% 

 

0.4% 

 

0.8% 

 

0.5% 

Effective tax rate

32.7% 

 

32.6% 

 

33.2% 

 

32.4%