Income Taxes	6 Months Ended
Jun. 30, 2014
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The tax provision for federal income taxes was $2.3 million for the second quarter of 2014, compared to $1.7 million for the same period in 2013. The effective tax rate was 31% and 30% for the quarters ended June 30, 2014 and June 30, 2013, respectively. The tax provision for federal income taxes was $4.1 million for the first six months of 2014, compared to $3.2 million for the same period in 2013. The effective tax rates were 29% for both the first six months months ended June 30, 2014 and June 30, 2013, respectively. At June 30, 2014, the Company had a net deferred tax asset of $11.6 million. An analysis was conducted to determine if a valuation allowance against its deferred tax assets was required. The Company used current forecasts of future expected income, possible tax planning strategies, current and future economic and business conditions (such as the possibility of a decrease in real estate value for properties the Bank holds as collateral on loans), the probability that taxable income will continue to be generated in future periods and the cumulative losses recorded in previous years to make the assessment. Management concluded that a valuation allowance was not necessary at June 30, 2014.

Income Taxes

6 Months Ended

Jun. 30, 2014

The tax provision for federal income taxes was $2.3 million for the second quarter of 2014, compared to $1.7 million for the same period in 2013. The effective tax rate was 31% and 30% for the quarters ended June 30, 2014 and June 30, 2013, respectively.

The tax provision for federal income taxes was $4.1 million for the first six months of 2014, compared to $3.2 million for the same period in 2013. The effective tax rates were 29% for both the first six months months ended June 30, 2014 and June 30, 2013, respectively.

At June 30, 2014, the Company had a net deferred tax asset of $11.6 million. An analysis was conducted to determine if a valuation allowance against its deferred tax assets was required. The Company used current forecasts of future expected income, possible tax planning strategies, current and future economic and business conditions (such as the possibility of a decrease in real estate value for properties the Bank holds as collateral on loans), the probability that taxable income will continue to be generated in future periods and the cumulative losses recorded in previous years to make the assessment. Management concluded that a valuation allowance was not necessary at June 30, 2014.