Income Taxes (Tables)

3 Months Ended

Mar. 31, 2017

Income Tax Disclosure [Abstract]

Summary of Items Included in the Deferred Tax Inventory

Below is a summary of items included in the deferred tax inventory as of March 31, 2017 and December 31, 2016:

	March 31, 2017			December 31, 2016
Deferred tax assets
Allowance for loan losses	$	3,476		$	3,465
Deferred compensation, other	277			108
Stock based expense	84			66
Net operating loss carryforwards	29,096			30,166
Securities available-for-sale	379			655
Deferred tax credits	1,068			1,068
OREO valuation allowance	943			942
Depreciation	196			196
Other	180			204
Total deferred tax assets	35,699			36,870
Deferred tax liabilities
Depreciation	$	—		$	—
Adjustments arising from acquisitions	(29		)	(30		)
Mortgage servicing rights	(774		)	(791		)
Securities available-for-sale	—			—
Federal Home Loan Bank dividend received in stock	(241		)	(450		)
Deferred loan fees & costs	(376		)	(385		)
Prepaid expenses	(179		)	(179		)
Total deferred tax liabilities	(1,599		)	(1,835		)
Valuation allowance	—			—
Net deferred tax assets	$	34,100		$	35,035