Income Taxes - Components of deferred tax assets and liabilities (Details) - USD ($) $ in Thousands |
Dec. 31, 2020 |
Dec. 31, 2019 |
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Deferred tax assets: | ||
Allowance for loan losses | $ 4,724 | $ 2,862 |
Net operating loss carryforwards | 444 | 481 |
Deferred fees | 1,433 | 1,120 |
Deferred director fees | 341 | 174 |
Start-up costs | 70 | 91 |
Unrealized loss on derivatives | 5,246 | 2,245 |
Lease liabilities | 2,009 | 2,132 |
Other | 1,311 | 302 |
Gross deferred tax assets | 15,578 | 9,407 |
Deferred tax liabilities: | ||
Deferred expenses | 774 | 671 |
Servicing rights | 136 | 192 |
Core deposit intangible | 17 | 45 |
Depreciation | 309 | 210 |
Unrealized gain on available for sale securities | 786 | 247 |
Right-of-use-assets | 1,986 | 2,117 |
Other | 270 | 137 |
Gross deferred tax liabilities | 4,278 | 3,619 |
Net deferred tax asset | $ 11,300 | $ 5,788 |
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- Definition Deferred Tax Assets,Lease Liability No definition available.
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- Definition Represents Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from Start up costs. No definition available.
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- Definition Deferred Tax Assets, Unrealized Loss On Derivatives No definition available.
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- Definition Deferred Tax Liabilities, Amortization Of Core Deposit Intangible No definition available.
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- Definition Deferred Tax Liabilities, Right-Of-Use Assets No definition available.
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- Definition Amount of deferred tax liability attributable to taxable temporary differences. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from deferred income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, without jurisdictional netting. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible temporary differences, classified as other. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, before allocation of valuation allowances, of deferred tax asset attributable to deductible differences from reserves and accruals, compensation and benefit costs, and other provisions, reserves, and allowances. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from the provision for loan losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences from capitalized costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences from mortgage servicing rights. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of deferred tax liability attributable to taxable temporary differences classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences from unrealized gains in other comprehensive income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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