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

12 Months Ended

Dec. 31, 2019

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

		December 31,
		2019		2018
		(In Thousands)
Deferred tax assets
Allowance for loan losses	$	9,188	$	8,758
Interest on nonperforming loans		161		320
Accrued expenses		821		726
Write-down of foreclosed assets		185		600
Write-down of fixed assets		50		191
Partnership tax credits		732		—
Deferred income		509		—
Difference in basis for acquired assets and liabilities		2,540		4,031
		14,186		14,626
Deferred tax liabilities
Tax depreciation in excess of book depreciation		(5,986)		(5,409)
FHLB stock dividends		(817)		(798)
Partnership tax credits		—		(404)
Prepaid expenses		(891)		(569)
Unrealized gain on available-for-sale securities		(2,671)		(83)
Unrealized gain on cash flow derivatives		(6,853)		(2,761)
Other		(233)		(113)
		(17,451)		(10,137)
Net deferred tax asset (liability)	$	(3,265)	$	4,489