Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Provision for Income Taxes

The provision for income taxes consists of the following:	2015			2014		2013
Current Federal	$	11,407		$	9,179	$	9,103
Current State	898			393		648
Deferred Federal	(920		)	1,928		1,090
Deferred State	221			569		623
Total	$	11,606		$	12,069	$	11,464

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:

	2015			2014			2013
Statutory Rate Times Pre-tax Income	$	14,585		$	14,145		$	12,907
Add (Subtract) the Tax Effect of:
Income from Tax-exempt Loans and Investments	(2,250		)	(1,697		)	(1,157		)
State Income Tax, Net of Federal Tax Effect	727			625			826
General Business Tax Credits	(750		)	(562		)	(556		)
Company Owned Life Insurance	(296		)	(289		)	(338		)
Gain on United Commerce Bancorp Stock	—			—			(120		)
Other Differences	(410		)	(153		)	(98		)
Total Income Taxes	$	11,606		$	12,069		$	11,464

Schedule of Net Deferred Tax Liability

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

	2015			2014
Deferred Tax Assets:
Allowance for Loan Losses	$	4,913		$	5,028
Deferred Compensation and Employee Benefits	1,030			1,041
Other-than-temporary Impairment	378			378
Accrued Expenses	641			600
Business Combination Fair Value Adjustments	376			197
Pension and Postretirement Plans	57			45
Other Real Estate Owned	133			214
Non-Accrual Loan Interest Income	255			228
Net Operating Loss Carryforward	7			24
Other	352			209
Total Deferred Tax Assets	8,142			7,964
Deferred Tax Liabilities:
Depreciation	(800		)	(1,269		)
Leasing Activities, Net	(8,970		)	(9,773		)
Unrealized Gain on Securities	(2,150		)	(1,654		)
FHLB Stock Dividends	(235		)	(251		)
Prepaid Expenses	(502		)	(434		)
Intangibles	(353		)	(508		)
Deferred Loan Fees	(591		)	(515		)
General Business Tax Credits	(178		)	(49		)
Other	(1,044		)	(407		)
Total Deferred Tax Liabilities	(14,823		)	(14,860		)
Valuation Allowance	—			—
Net Deferred Tax Liability	$	(6,681	)	$	(6,896	)