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Note 17 - Income Taxes - Significant Components of Net Deferred Tax Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Allowance for loan losses $ 838 $ 603
Acquired loan credit mark 684 1,061
Deferred compensation 315 322
Investment impairment charge recorded directly to stockholders’ equity as a component of other comprehensive income 47 57
Minimum pension liability 259 276
Net operating loss carryforward 1,666 1,738
Alternative minimum tax credit carryforward 294
Net unrealized losses on securities available for sale 247
Nonaccrual interest income 445 206
Purchase accounting adjustments 1 144
Other 103 216
4,358 5,164
Deferred loan origination costs 365 635
Core deposit intangible 661 831
Accrued pension costs 1,113 1,049
Depreciation 1,059 795
Merger expenses 161
Net unrealized losses on securities available for sale 14
Accretion of discount on investment securities, net 1
3,373 3,311
Net deferred tax asset $ 985 $ 1,853