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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2016
Income Tax Disclosure [Abstract]  
Schedule of Income Tax Expense
The components of income tax expense for the years ended December 31 are as follows: 
 
2016
 
2015
 
2014
Current income tax expense:

 


 
 
  Federal
$
6,487

 
$
11,387

 
$
2,836

  State
1,244

 
1,472

 
460

Total current tax expense
7,731


12,859

 
3,296

Deferred income tax (benefit) expense:

 


 
 
  Federal
(3,848
)
 
992

 
3,521

  State
(440
)
 
(56
)
 
571

Total deferred tax (benefit) expense
(4,288
)

936

 
4,092

Income tax expense, as reported
$
3,443


$
13,795

 
$
7,388

Schedule of Effective Income Tax Rate Reconciliation
Reported income tax expense differed from the amounts computed by applying the U.S. federal statutory income tax rate of 35% to income before income taxes for the years ended December 31, 2016 and 2015 and the five months ended December 31, 2014 (the period the Company was a taxable entity) as follows:
 
2016
 
2015
 
2014
Income tax expense computed at the statutory rate
$
6,023

 
$
12,039

 
$
3,391

Initial recording of deferred tax liability

 

 
3,252

State income tax, net of federal benefit
523

 
920

 
339

Nondeductible stock-based compensation expense
768

 
423

 
54

Other
525

 
413

 
352

Decrease in taxes due to investment tax credit
(4,396
)
 

 

Total income tax expense
$
3,443

 
$
13,795

 
$
7,388

Schedule of Deferred Tax Assets and Liabilities
Components of deferred tax assets and liabilities are as follows:
 
2016
 
2015
 
2014
Deferred tax assets:
 
 
 
 
 
Allowance for loan losses
$
6,828

 
$
2,780

 
$
1,697

SBA guaranty reserve
171

 
121

 
273

Stock-based compensation expense
3,877

 

 

Accrued expenses
725

 
505

 

Other
1,224

 
613

 
412

Total deferred tax assets
12,825

 
4,019

 
2,382

 
 
 
 
 
 
Deferred tax liabilities:
 
 
 
 
 
Unguaranteed loan discount
4,644

 
4,083

 
3,144

Premises and equipment
7,193

 
3,952

 
2,461

Deferred loan fees and costs, net
1,321

 
892

 
869

Other

 

 
53

Total deferred tax liabilities
13,158

 
8,927

 
6,527

Net deferred tax liability
$
333

 
$
4,908

 
$
4,145