Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

The provision for income taxes consists of the following:	2017		2016		2015
Current Federal	$	10,481	$	11,468	$	11,407
Current State	473		447		898
Deferred Federal	276		1,611		(920		)
Deferred State	304		420		221
Total	$	11,534	$	13,946	$	11,606

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:

	2017			2016			2015
Statutory Rate Times Pre-tax Income	$	18,274		$	17,195		$	14,585
Add (Subtract) the Tax Effect of:
Income from Tax-exempt Loans and Investments	(3,304		)	(2,929		)	(2,250		)
State Income Tax, Net of Federal Tax Effect	505			564			727
General Business Tax Credits	(715		)	(621		)	(750		)
Company Owned Life Insurance	(469		)	(346		)	(296		)
Revaluation of Deferred Tax Assets/Liabilities due to Tax Reform	(2,284		)	—			—
Other Differences	(473		)	83			(410		)
Total Income Taxes	$	11,534		$	13,946		$	11,606

Schedule of Net Deferred Tax Liability

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

	2017			2016
Deferred Tax Assets:
Allowance for Loan Losses	$	3,645		$	5,269
Unrealized Loss on Securities	665			3,456
Deferred Compensation and Employee Benefits	702			1,146
Other-than-temporary Impairment	243			377
Accrued Expenses	645			956
Business Combination Fair Value Adjustments	1,041			2,838
Pension and Postretirement Plans	100			67
Non-Accrual Loan Interest Income	152			158
Net Operating Loss Carryforward	—			196
Unused Tax Credits	—			86
Other	302			472
Total Deferred Tax Assets	7,495			15,021
Deferred Tax Liabilities:
Depreciation	(1,309		)	(1,612		)
Leasing Activities, Net	(7,343		)	(9,845		)
FHLB Stock Dividends	(196		)	(304		)
Prepaid Expenses	(368		)	(461		)
Intangibles	(597		)	(1,113		)
Deferred Loan Fees	(483		)	(691		)
Mortgage Servicing Rights	(133		)	(231		)
General Business Tax Credits	—			(235		)
Other	(1,098		)	(1,692		)
Total Deferred Tax Liabilities	(11,527		)	(16,184		)
Valuation Allowance	—			—
Net Deferred Tax Liability	$	(4,032	)	$	(1,163	)