Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Provision for Income Taxes

The provision for income taxes consists of the following:	2016		2015			2014
Current Federal	$	11,468	$	11,407		$	9,179
Current State	447		898			393
Deferred Federal	1,611		(920		)	1,928
Deferred State	420		221			569
Total	$	13,946	$	11,606		$	12,069

Schedule of Effective Income Tax Rate Reconciliation

Income tax expense is reconciled to the 35% statutory rate applied to the pre-tax income for the years presented in the table below:

	2016			2015			2014
Statutory Rate Times Pre-tax Income	$	17,195		$	14,585		$	14,145
Add (Subtract) the Tax Effect of:
Income from Tax-exempt Loans and Investments	(2,929		)	(2,250		)	(1,697		)
State Income Tax, Net of Federal Tax Effect	564			727			625
General Business Tax Credits	(621		)	(750		)	(562		)
Company Owned Life Insurance	(346		)	(296		)	(289		)
Other Differences	83			(410		)	(153		)
Total Income Taxes	$	13,946		$	11,606		$	12,069

Schedule of Net Deferred Tax Liability

The net deferred tax liability at December 31 consists of the following:

	2016			2015
Deferred Tax Assets:
Allowance for Loan Losses	$	5,269		$	4,913
Unrealized Loss on Securities	3,456			—
Deferred Compensation and Employee Benefits	1,146			1,030
Other-than-temporary Impairment	377			378
Accrued Expenses	956			641
Business Combination Fair Value Adjustments	2,838			376
Pension and Postretirement Plans	67			57
Other Real Estate Owned	—			133
Non-Accrual Loan Interest Income	158			255
Net Operating Loss Carryforward	196			7
Unused Tax Credits	86			—
Other	472			352
Total Deferred Tax Assets	15,021			8,142
Deferred Tax Liabilities:
Depreciation	(1,612		)	(800		)
Leasing Activities, Net	(9,845		)	(8,970		)
Unrealized Gain on Securities	—			(2,150		)
FHLB Stock Dividends	(304		)	(235		)
Prepaid Expenses	(461		)	(502		)
Intangibles	(1,113		)	(353		)
Deferred Loan Fees	(691		)	(591		)
Mortgage Servicing Rights	(231		)	—
General Business Tax Credits	(235		)	(178		)
Other	(1,692		)	(1,044		)
Total Deferred Tax Liabilities	(16,184		)	(14,823		)
Valuation Allowance	—			—
Net Deferred Tax Liability	$	(1,163	)	$	(6,681	)