Income Taxes (Tables)

3 Months Ended

Mar. 31, 2020

Income Tax Disclosure [Abstract]

Reconciliation of Expected Income Tax Expense

A reconciliation of expected income tax expense using the federal statutory rate of 21% as of March 31, 2020 and 2019 and actual income tax expense is as follows:

	For the three months ended March 31,
(Dollars in thousands)	2020			2019
Income tax expense based on federal corporate tax rate	$	936		$	885
Changes resulting from:
Tax-exempt income	(150		)	(121		)
Net operating loss carryback due to CARES Act	(290		)	—
Disqualified dispositions from stock options	(175		)	—
Other, net	28			(17		)
Income tax expense	$	349		$	747