Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Taxes [Abstract]

Schedule Of Deferred Tax Assets And Liabilities

	As of December 31,
(dollars in thousands)	2020		2019
Deferred tax assets:
Allowance for loan losses	$	2,936	$	2,047
Deferred interest from non-accrual assets		206		149
Operating lease liabilities		1,605		1,377
Acquisition accounting		479		-
Other		594		556
Total		5,820		4,129
Deferred tax liabilities:
Net unrealized gains on available-for-sale securities		(2,380)		(958)
Loan fees and costs		(1,013)		(1,248)
Automobile leasing		(4,287)		(3,463)
Operating lease right-of-use assets		(1,487)		(1,265)
Depreciation		(1,411)		(685)
Mortgage loan servicing rights		(278)		(211)
Total		(10,856)		(7,830)
Deferred tax liability, net	$	(5,036)	$	(3,701)

Schedule Of Components Of Income Tax Expense Benefit

	Years ended December 31,
(dollars in thousands)	2020		2019		2018
Current	$	2,336	$	1,985	$	1,110
Deferred		(87)		341		1,019
Total provision for income taxes	$	2,249	$	2,326	$	2,129

Schedule Of Effective Income Tax Rate Reconciliation

	Years ended December 31,
(dollars in thousands)	2020		2019		2018
Expected provision at the statutory rate	$	3,203	$	2,919	$	2,758
Tax-exempt income		(865)		(592)		(567)
Bank owned life insurance		(167)		(136)		(126)
Nondeductible interest expense		54		37		18
Nondeductible other expenses and other, net		(8)		98		43
Tax rate change adjustment		-		-		3
State income tax		32		-		-
Actual provision for income taxes	$	2,249	$	2,326	$	2,129