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Note 23 - Income Taxes (Tables)
12 Months Ended
Dec. 31, 2014
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

(Dollars in thousands)

 

Current

   

Deferred

   

Total

 

Year ended December 31, 2014:

                       

Federal

  $ 1,520     $ (414 )   $ 1,106  

State

    391       83       474  
    $ 1,911     $ (331 )   $ 1,580  

Year ended December 31, 2013:

                       

Federal

  $ 4,559     $ (809 )   $ 3,750  

State

    1,422       (321 )     1,101  
    $ 5,981     $ (1,130 )   $ 4,851  

Year ended December 31, 2012:

                       

Federal

  $ 4,933     $ (1,643 )   $ 3,290  

State

    1,063       (500 )     563  

Total

  $ 5,996     $ (2,143 )   $ 3,853  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
   

2014

   

2013

   

2012

 

Income tax at the federal statutory rate

    34.00

%

    34.00

%

    34.00

%

Return to provision adjustment for 2012 taxable gain on sale of subsidiary

   

%

    6.34

%

   

%

State franchise tax, net of federal tax benefit

    4.89

%

    5.89

%

    3.74

%

Amortization of affordable housing credit investments

    11.04 %     2.27 %     2.64  %

Officer life insurance

    (3.34

)%

    (1.47

)%

    (1.30

)%

Affordable housing credits

    (11.67

)%

    (1.80

)%

    (1.59

)%

Tax-exempt interest

    (13.46

)%

    (7.02

)%

    (7.74

)%

Other

    0.16

%

    (0.27

)%

    2.03

%

Effective Tax Rate

    21.62

%

    37.94

%

    31.78

%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(Dollars in thousands)

 

2014

   

2013

 

Deferred tax assets:

               

Loan and lease loss reserves

  $ 4,865     $ 6,639  

Deferred compensation

    3,590       2,967  

Unrealized losses other comprehensive income

    1,327       1,939  

Oreo accrued selling costs

    1,179       861  

State franchise taxes

    184       319  

General business credits

    747        

Other

    1,004       571  

Total deferred tax assets

    12,896       13,296  
                 

Deferred tax liabilities:

               

Deferred state taxes

    (856 )     (885 )

Deferred loan origination costs

    (427 )     (444 )

Unrealized gains other comprehensive income

    (1,256 )     (255 )

Basis difference in fixed assets

    (70 )     (59 )

Other

    (56 )      

Total deferred tax liabilities

    (2,665 )     (1,643 )
                 

Net deferred tax asset

  $ 10,231     $ 11,653