Income Taxes (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2020 and 2019 and actual income tax expense is as follows:

	For the three months ended June 30,				For the six months ended June 30,
(Dollars in thousands)	2020		2019		2020		2019
Income tax expense based on federal corporate tax rate	$	706	$	908	$	1,642	$	1,793
Changes resulting from:
Tax-exempt income	(165)		(135)		(315)		(256)
Net operating loss carryback due to CARES Act	—		—		(290)		—
Disqualified dispositions from stock options	—		—		(175)		—
Other, net	102		(6)		130		(23)
Income tax expense	$	643	$	767	$	992	$	1,514