Income Taxes (Tables)

3 Months Ended

Mar. 31, 2021

Income Taxes [Abstract]

Effective Tax Rates Differ From Federal Statutory Rate

	For the three months ended March 31,
	2021	2020
	(unaudited)
Statutory tax rate	21.0%	21.0%
Increase (decrease) resulting from:
Restricted stock	(0.6%)	0.2%
Tax exempt earnings on bank owned life insurance	(0.2%)	(0.3%)
Gain on redemption of life insurance policies	(1.0%)	-
Dividends on equity securities	(0.2%)	-
Low income housing credits	(0.5%)	(1.1%)
Other, net	-	0.7%
Effective tax rate	18.5%	20.5%