XML 133 R118.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Deferred tax assets    
Federal net operating loss carryforwards $ 4,067 $ 5,034
State net operating loss carryforwards 459 552
Acquired loan basis (184) 450
Other real estate owned 64 44
AMT credit carryforward 0 714
Allowance for loan losses 24,317 6,828
Accrued liabilities 2,675 1,744
Lease liability 4,598 4,994
Other 2,181 1,925
Total deferred tax assets 38,177 22,285
Deferred tax liabilities    
Goodwill and intangible assets 2,452 2,143
Fair value adjustment on junior subordinated debentures 2,449 2,564
Premises and equipment 10,767 6,142
Installment gain on sale of subsidiary 1,049 1,816
Lease right-of-use asset 4,172 4,815
Unrealized gain on securities available for sale 1,601 339
Derivative financial instruments 193 0
Indemnification asset 8,575 0
Other 214 376
Total deferred tax liabilities 31,472 18,195
Net deferred tax asset before valuation allowance 6,705 4,090
Valuation allowance (278) (278)
Net deferred tax asset $ 6,427 $ 3,812