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INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2015
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
 
 
 
 
YEAR ENDED DECEMBER 31,
  
 
2015
 
2014
 
2013
  
 
(IN THOUSANDS)
Current
 
$
1,455
 
 
$
1,036
 
 
$
139
 
Deferred
 
 
888
 
 
 
562
 
 
 
2,150
 
Income tax expense
 
$
2,343
 
 
$
1,598
 
 
$
2,289
 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
 
 
 
 
 
 
 
YEAR ENDED DECEMBER 31,
  
 
2015
 
2014
 
2013
  
 
AMOUNT
 
RATE
 
AMOUNT
 
RATE
 
AMOUNT
 
RATE
  
 
(IN THOUSANDS, EXCEPT PERCENTAGES)
Income tax expense based on federal statutory rate
 
$
2,836
 
 
 
34.0
% 
 
$
1,571
 
 
 
34.0
 
$
2,544
 
 
 
34.0
Tax exempt income
 
 
(574
) 
 
 
(6.9
) 
 
 
(274
 
 
(5.9
 
 
(359
 
 
(4.8
Other
 
 
81
 
 
 
1.0
 
 
 
301
 
 
 
6.5
 
 
 
104
 
 
 
1.4
 
Total expense for income taxes
 
$
2,343
 
 
 
28.1
% 
 
$
1,598
 
 
 
34.6
 
$
2,289
 
 
 
30.6
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
 
 
 
AT DECEMBER 31,
  
 
2015
 
2014
  
 
(IN THOUSANDS)
DEFERRED TAX ASSETS:
 
 
  
 
 
 
  
 
Allowance for loan losses
 
$
3,373
 
 
$
3,272
 
Unfunded commitment reserve
 
 
298
 
 
 
300
 
Premises and equipment
 
 
1,602
 
 
 
1,433
 
Accrued pension obligation
 
 
1,658
 
 
 
2,358
 
Net operating loss carryforwards
 
 
 
 
 
242
 
Alternative minimum tax credits
 
 
2,248
 
 
 
2,820
 
Other
 
 
487
 
 
 
349
 
Total tax assets
 
 
9,666
 
 
 
10,774
 
DEFERRED TAX LIABILITIES:
 
 
  
 
 
 
  
 
Investment accretion
 
 
(16
) 
 
 
(25
Unrealized investment security gains
 
 
(420
) 
 
 
(950
Other
 
 
(237
) 
 
 
(251
Total tax liabilities
 
 
(673
) 
 
 
(1,226
Net deferred tax asset
 
$
8,993
 
 
$
9,548
 
Schedule Of Changes In Deferred Taxes [Table Text Block]
 
 
 
YEAR ENDED
DECEMBER 31,
  
 
2015
 
2014
  
 
(IN THOUSANDS)
Unrealized gains recognized in comprehensive income
 
$
530
 
 
$
(404
Pension obligation of the defined benefit plan not yet recognized in income
 
 
(197
) 
 
 
942
 
Deferred provision for income taxes
 
 
(888
) 
 
 
(562
Net decrease
 
$
(555
) 
 
$
(24