Note 14: Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2017

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences related to deferred taxes shown on the statements of financial condition were:

	December 31,
	2017	2016
	(In Thousands)
Deferred tax assets
Allowance for loan losses	$                8,154	$              13,576
Tax credit carryforward	5,816	--
Interest on nonperforming loans	288	364
Accrued expenses	684	1,288
Write-down of foreclosed assets	1,694	3,300
Write-down of fixed assets	207	535
Difference in basis for acquired assets and     liabilities	4,725	4,533
	21,568	23,596
Deferred tax liabilities
Tax depreciation in excess of book depreciation	(4,483)	(6,425)
FHLB stock dividends	(356)	(1,805)
Partnership tax credits	(706)	(1,651)
Prepaid expenses	(775)	(728)
Unrealized gain on available-for-sale securities	(435)	(980)
Book revenue in excess of tax revenue	(12,177)	--
Other	(190)	(318)
	(19,122)	(11,907)
Net deferred tax asset (liability)	$                2,446	$             11,689