Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

The provision for income taxes consists of the following:	2018		2017		2016
Current Federal	$	6,699	$	10,481	$	11,468
Current State	412		473		447
Deferred Federal	2,226		276		1,611
Deferred State	191		304		420
Total	$	9,528	$	11,534	$	13,946

Schedule of Effective Income Tax Rate Reconciliation

Effective tax rates differ from the federal statutory rate of 21% for 2018 and 35% for 2017 and 2016 applied to income before income taxes due to the following:

	2018			2017			2016
Statutory Rate Times Pre-tax Income	$	11,772		$	18,274		$	17,195
Add (Subtract) the Tax Effect of:
Income from Tax-exempt Loans and Investments	(2,129		)	(3,304		)	(2,929		)
State Income Tax, Net of Federal Tax Effect	476			505			564
General Business Tax Credits	(914		)	(715		)	(621		)
Company Owned Life Insurance	(260		)	(469		)	(346		)
Revaluation of Deferred Tax Assets/Liabilities due to Tax Reform	—			(2,284		)	—
Other Differences	583			(473		)	83
Total Income Taxes	$	9,528		$	11,534		$	13,946

Schedule of Net Deferred Tax Liability

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

	2018			2017
Deferred Tax Assets:
Allowance for Loan Losses	$	3,661		$	3,645
Unrealized Loss on Securities	1,885			665
Deferred Compensation and Employee Benefits	736			702
Other-than-temporary Impairment	238			243
Accrued Expenses	906			645
Business Combination Fair Value Adjustments	3,715			1,041
Pension and Postretirement Plans	119			100
Other Real Estate Owned	17			—
Non-Accrual Loan Interest Income	352			152
Net Operating Loss Carryforward	322			—
Other	366			302
Total Deferred Tax Assets	12,317			7,495
Deferred Tax Liabilities:
Depreciation	(1,879		)	(1,309		)
Leasing Activities, Net	(8,999		)	(7,343		)
FHLB Stock Dividends	(192		)	(196		)
Prepaid Expenses	(345		)	(368		)
Intangibles	(1,169		)	(597		)
Deferred Loan Fees	(514		)	(483		)
Mortgage Servicing Rights	(238		)	(133		)
Other	(674		)	(1,098		)
Total Deferred Tax Liabilities	(14,010		)	(11,527		)
Valuation Allowance	—			—
Net Deferred Tax Liability	$	(1,693	)	$	(4,032	)