Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Summary Of Deferred Tax Assets And Liabilities

Significant components of the Company’s deferred tax assets and liabilities are as follows (in thousands):

	2018		2017
Allowance for loan losses	$	3,742	$	4,385
Deferred compensation payable	2,734		2,517
Underfunded pension liability	1,794		1,527
Accrued expenses	2,276		1,057
Impaired asset losses	1,201		607
Unrealized securities losses	1,871		166
Intangible assets	783		438
Other	6,492		3,577
Total Deferred Tax Assets	20,893		14,274
Other	3,555		2,361
Total Deferred Tax Liabilities	3,555		2,361
Net Deferred Tax Assets	$	17,338	$	11,913

Summary Of Income Tax Expense

Significant components of the provision for income taxes are as follows (in thousands): 

	2018			2017		2016
Current:
Federal	$	16,846		$	20,090	$	20,100
State	2,413			1,436		1,166
Total current tax expense	19,259			21,526		21,266
Total deferred tax expense	(1,244		)	14,909		3,817
Income tax expense	$	18,015		$	36,435	$	25,083

Reconciliation Of The Significant Differences Between The Federal Statutory Income Tax Rate And Effective Income Tax Rate

A reconciliation of the significant differences between the federal statutory income tax rate and the Company’s effective income tax rate is as follows (in thousands):

	2018			2017			2016
Computed federal taxes at statutory rate	$	18,483		$	31,761		$	27,025
State income taxes, net of federal tax benefit	1,730			1,321			888
Tax effects of:
Tax-exempt interest income	(694		)	(1,098		)	(708		)
Bank-owned life insurance	(649		)	(1,474		)	(1,164		)
Change in statutory tax rate	—			7,070			—
Other items, net	(855		)	(1,145		)	(958		)
Income tax expense	$	18,015		$	36,435		$	25,083

Reconciliation Of The Unrecognized Tax Benefits Rollforward

A reconciliation of the beginning and ending balance of unrecognized tax benefits is as follows (in thousands):

	2018			2017
Beginning balance	$	1,889		$	1,847
Additions for current year tax positions	184			325
Additions for prior year tax positions	241			226
Decreases related to lapse of applicable statute of limitation	(503		)	(509		)
Ending balance	$	1,811		$	1,889