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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2022
Income Taxes  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
Year ended December 31
(Dollars in thousands)
2022
2021
Current income tax expense:
Federal
$
1,461
833
State
356
295
Total current income tax expense
1,817
1,128
Deferred income tax benefit:
Federal
556
220
State
130
58
Total deferred
 
income tax expense
686
278
Total income tax expense
 
$
2,503
1,406
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
2022
2021
Percent of
Percent of
pre-tax
pre-tax
(Dollars in thousands)
Amount
earnings
Amount
earnings
Earnings before income taxes
$
12,849
9,445
Income taxes at statutory rate
2,698
21.0
%
1,983
21.0
%
Tax-exempt interest
(523)
(4.1)
(514)
(5.4)
State income taxes, net of
 
federal tax effect
346
2.7
352
3.7
New Markets Tax Credit
(356)
(2.8)
(356)
(3.8)
Bank-owned life insurance
141
1.1
(85)
(0.9)
Other
197
1.6
26
Total income tax expense
 
$
2,503
19.5
%
1,406
14.9
%
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
December 31
(Dollars in thousands)
2022
2021
Deferred tax assets:
Allowance for loan losses
$
1,448
1,240
Unrealized loss on securities
13,722
Accrued bonus
 
228
192
Right of use liability
153
178
Other
70
77
Total deferred
 
tax assets
15,621
1,687
Deferred tax liabilities:
Premises and equipment
767
200
Unrealized gain on securities
298
Originated mortgage servicing rights
289
329
Right of use asset
148
173
New Markets Tax Credit investment
179
89
Other
469
163
Total deferred
 
tax liabilities
1,852
1,252
Net deferred tax asset
$
13,769
435
Schedule of Deferred Tax Asset Rollforward [Table Text Block]
Year ended December 31
(Dollars in thousands)
2022
2021
Net deferred tax asset (liability):
Balance, beginning of year
$
435
(1,537)
Deferred tax expense related to continuing operations
(686)
(278)
Stockholders' equity, for accumulated
 
other comprehensive income
14,020
2,250
Balance, end of year
$
13,769
435