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

(Dollars in thousands)

    

September 30, 2022

    

September 30, 2021

Current tax expense

$

5,193

$

5,532

Deferred tax expense (benefit)

 

670

 

(664)

Total Income Tax Expense

$

5,863

$

4,868

Schedule of income tax rate reconciliation

(Dollars in thousands)

    

September 30, 2022

    

September 30, 2021

Computed “expected” tax expense

$

6,187

$

4,784

Increase (decrease) in income taxes resulting from:

 

  

 

  

Bank-owned life insurance

 

(93)

 

(65)

Tax-exempt interest income

 

(118)

 

(119)

State income taxes, net of federal benefit

 

347

 

163

Excess tax benefit on share-based compensation

 

(370)

 

(17)

Other, net

 

(90)

 

122

Total

$

5,863

$

4,868