Other Assets (Tables)

3 Months Ended

Mar. 31, 2020

Other Assets [Abstract]

Schedule of Other Assets

(Dollars in thousands)	2020		2019
Accrued interest receivable	$	3,670	$	3,455
Deferred income taxes		2,396		2,754
Prepaid expenses		1,687		1,157
Cash surrender value on life insurance		30,027		29,770
Income taxes receivable		—		175
Other assets		2,487		3,261
Total	$	40,267	$	40,572

Schedule of Deferred Tax Assets and Liabilities

(Dollars in thousands)	2020		2019
Deferred tax assets:
Allowance for credit losses	$	2,815	$	2,850
Write-downs of other real estate owned		2		9
Nonaccrual loan interest		396		353
Unrealized losses on available-for-sale securities transferred to held to maturity		1		4
Other		923		735
Total deferred tax assets		4,137		3,951
Less valuation allowance		(77)		(63)
Deferred tax assets net of valuation allowance		4,060		3,888
Deferred tax liabilities:
Depreciation		187		198
Acquisition accounting adjustments		573		508
Deferred capital gain on branch sale		192		194
Unrealized gains on available-for-sale securities		542		74
Other		170		160
Total deferred tax liabilities		1,664		1,134
Net deferred tax assets	$	2,396	$	2,754