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Income Tax (Tables)
12 Months Ended
Dec. 31, 2012
Income Tax Disclosure [Abstract]  
Schedule of income tax expense (benefit)
 
 
     
2012
   
2011
 
 
Income tax expense
           
 
Currently payable
           
 
Federal
  $ 480     $ 357  
 
State
    (32 )     (28 )
 
Deferred
               
 
Federal
    312       (212 )
 
State
    99       (14 )
                   
 
Total income tax expense
  $ 859     $ 103  
                   
 
Reconciliation of federal statutory to actual tax expense
               
 
Federal statutory income tax at 34%
  $ 1,656     $ 638  
 
Effect of state income taxes
    45       (28 )
 
Tax exempt interest
    (367 )     (345 )
 
Bargain purchase gain
    (336 )      
 
Cash value of life insurance
    (104 )     (110 )
 
Other
    (35 )     (52 )
                   
 
Actual tax expense
  $ 859     $ 103  
                   
 
Effective tax rate
    17.6 %     5.5 %
Schedule of cumulative net deferred tax asset (liability)
     
2012
   
2011
 
 
Assets
           
 
Allowance for loan losses
  $ 1,358     $ 1,523  
 
Deferred compensation
    455       412  
 
Purchase accounting adjustments
    834       29  
 
Non-accrual interest
    111       60  
 
Real estate held for sale
    237       120  
 
AMT
    89       112  
 
Other
    72       20  
 
Total assets
    3,156       2,276  
                   
 
Liabilities
               
 
Depreciation and amortization
    (572 )     (849 )
 
Loan fees
    (184 )     (183 )
 
Mortgage servicing rights
    (259 )     (244 )
 
Federal Home Loan Bank stock dividends
    (92 )     (87 )
 
Prepaid expenses
    (220 )     (157 )
 
Available-for-sale securities
    (1,053 )     (1,008 )
 
Pension and employee benefits
    (64 )     (55 )
 
Intangibles
    (192 )     (2 )
 
Other
    (102 )     (48 )
 
Total liabilities
    (2,738 )     (2,633 )
      $ 418     $ (357 )