XML 125 R102.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 14 - Income Taxes (Details) - Gross Deferred Tax Assets, Related Valuation Allowance, and Gross Deferred Tax Liabilities (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Deferred tax assets    
Recognized built-in loss carryforward $ 7,609us-gaap_DeferredTaxAssetsOtherLossCarryforwards $ 7,689us-gaap_DeferredTaxAssetsOtherLossCarryforwards
Allowance for loan losses 4,522us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses 5,770us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
Federal net operating loss carryforward 3,275us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic 6,072us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic
Writedowns of foreclosed real estate 1,912plmt_DeferredTaxAssetsForeclosedRealEstateWriteDown 2,369plmt_DeferredTaxAssetsForeclosedRealEstateWriteDown
Equity-based compensation 1,054us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost 1,047us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
Pension Plan contributions and accrued liability 1,053plmt_DeferredTaxAssetsAccruedPensionLiability 463plmt_DeferredTaxAssetsAccruedPensionLiability
Alternative minimum tax credit carryforward 750us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax 493us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
Unrealized losses on investment securities available for sale 501us-gaap_DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross 1,829us-gaap_DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
Other 375us-gaap_DeferredTaxAssetsOther 365us-gaap_DeferredTaxAssetsOther
Nonaccrual loan interest   202plmt_DeferredTaxAssetsNonaccrualInterest
Deferred tax assets, gross 21,051us-gaap_DeferredTaxAssetsGross 26,299us-gaap_DeferredTaxAssetsGross
Valuation allowance      
Deferred tax assets, net of valuation allowance 21,051us-gaap_DeferredTaxAssetsNet 26,299us-gaap_DeferredTaxAssetsNet
Deferred tax liabilities    
Deferred loan fees and costs, net (1,703)plmt_DeferredLoanFees (1,592)plmt_DeferredLoanFees
Premises, equipment and capital leases (1,148)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment (1,380)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment
Servicing rights (814)us-gaap_DeferredTaxLiabilitiesMortgageServicingRights (874)us-gaap_DeferredTaxLiabilitiesMortgageServicingRights
Other (333)us-gaap_DeferredTaxLiabilitiesOther (366)us-gaap_DeferredTaxLiabilitiesOther
Deferred tax liabilities, gross (3,998)us-gaap_DeferredIncomeTaxLiabilities (4,212)us-gaap_DeferredIncomeTaxLiabilities
Deferred tax asset, net $ 17,053us-gaap_DeferredTaxAssetsLiabilitiesNet $ 22,087us-gaap_DeferredTaxAssetsLiabilitiesNet