XML 101 R78.htm IDEA: XBRL DOCUMENT v3.3.1.900
INCOME TAXES (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Current:      
Federal $ 2,830 $ 862 $ 216
State 591 124 273
Total current 3,421 986 489
Deferred expense(benefit)      
Federal (371) (1,017) 464
State (24) (65) 30
Total deferred expense(benefit) (395) (1,082) 494
Income tax (benefit) expense 3,026 (96) 983
Reconciliation of income taxes at federal statutory rates to recorded income taxes, Amount      
Tax at Federal tax rate 3,346 674 1,701
Tax effect of:      
State income tax 246 50 125
Tax exempt earnings (566) (820) (839)
Other     (4)
Income tax (benefit) expense $ 3,026 $ (96) $ 983
Reconciliation of income taxes at federal statutory rates to recorded income taxes, %      
Tax at Federal tax rate (as a percent) 34.00% 34.00% 34.00%
Tax effect of:      
State income tax (as a percent) 2.50% 2.50% 2.50%
Tax exempt earnings (as a percent) (5.80%) (41.30%) (16.80%)
Other (as a percent) 0.00% 0.00% 0.00%
Total (as a percent) 30.70% (4.80%) 19.70%
Deferred income tax assets and (liabilities)      
Allowance for loan losses $ 2,904 $ 2,292  
Minimum pension liability 1,713 1,491  
Unrealized gain on securities available-for-sale 242 271  
Gross deferred tax assets 4,859 4,054  
Depreciation (883) (705)  
Pension (43) (10)  
Goodwill (452) (446)  
Gross deferred tax liabilities (1,378) (1,161)  
Net deferred tax asset 3,481 2,893  
Deferred income tax valuation allowance 0    
Liability for uncertain tax positions 0    
Unrecognized tax benefits 0    
Parent Company      
Deferred expense(benefit)      
Income tax (benefit) expense (1,597) (992) $ (190)
Tax effect of:      
Income tax (benefit) expense $ (1,597) $ (992) $ (190)