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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2022
Income Taxes  
Schedule of provision for income taxes

(Dollars in thousands)

    

June 30, 2022

    

June 30, 2021

Current tax expense

$

3,349

$

4,461

Deferred tax expense (benefit)

 

375

 

(1,375)

Total Income Tax Expense

$

3,724

$

3,086

Schedule of income tax rate reconciliation

(Dollars in thousands)

    

June 30, 2022

    

June 30, 2021

Computed “expected” tax expense

$

4,049

$

2,990

Increase (decrease) in income taxes resulting from:

 

  

 

  

Bank-owned life insurance

 

(40)

 

(43)

Tax-exempt interest income

 

(70)

 

(74)

State income taxes, net of federal benefit

 

180

 

121

Excess tax benefit on share-based compensation

 

(369)

 

(7)

Other, net

 

(26)

 

99

Total

$

3,724

$

3,086