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Income Tax
 6 Months Ended
Jun. 30, 2014
Income Tax Disclosure [Abstract]  
Income Tax
Income Tax


Three Months Ended
June 30,

Six Months Ended
June 30,
 
2014

2013

2014

2013
Income Tax Expense :
 

 

 

 
Currently Payable:
 

 

 

 
Federal
$
1,947


$
1,646


$
428


$
740

State
135





245




Deferred:
 

 

 

 
Federal
3,560


2,509


9,338


8,083

State











Total Income Tax Expense
$
5,642


$
4,155


$
10,011


$
8,823

Reconciliation of Federal Statutory to Actual Tax Expense:
 

 

 

 
Federal statutory income tax at 35%
$
7,281


$
5,239


$
13,577


$
11,026

Tax-exempt interest income
(1,270
)

(921
)

(2,495
)

(1,818
)
Stock compensation
8


15


21


26

Earnings on life insurance
(228
)

(214
)

(490
)

(459
)
Tax credits
(297
)

(18
)

(595
)

(36
)
Other
148


54


(7
)

84

Actual Tax Expense
$
5,642


$
4,155


$
10,011


$
8,823