Income Taxes (Tables)

9 Months Ended

Sep. 30, 2022

Income Taxes [Abstract]

Effective Tax Rates Differ From Federal Statutory Rate

	For the three months ended ‎September 30,		For the nine months ended ‎September 30,
	2022	2021	2022	2021
	(unaudited)		(unaudited)
Statutory tax rate	21.0%	21.0%	21.0%	21.0%
Increase (decrease) resulting from:
Restricted stock	-	(0.1%)	(0.3%)	(0.3%)
Tax exempt earnings on bank owned life insurance	(0.6%)	(0.5%)	(0.6%)	(0.4%)
Gain on redemption of life insurance policies	-	-	-	(0.4%)
Dividends on equity securities	(0.2%)	(0.2%)	(0.2%)	(0.2%)
Low income housing credits	(0.9%)	(0.8%)	(0.8%)	(0.7%)
Other, net	0.1%	0.1%	0.1%	-
Effective tax rate	19.4%	19.5%	19.2%	19.0%