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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2023
Income Tax Disclosure [Abstract]  
Components of Income Tax Expense

The components of income tax expense were as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

(dollars in thousands)

 

Current income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

Federal

 

$

1,747

 

 

$

4,058

 

 

$

4,779

 

 

$

9,021

 

State

 

 

723

 

 

 

1,863

 

 

 

1,934

 

 

 

3,847

 

Total current income tax expense

 

$

2,470

 

 

$

5,921

 

 

$

6,713

 

 

$

12,868

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred income tax expense (benefit)

 

 

 

 

 

 

 

 

 

 

 

 

Federal

 

$

231

 

 

$

(529

)

 

$

1,768

 

 

$

1,435

 

State

 

 

107

 

 

 

(240

)

 

 

736

 

 

 

668

 

Total deferred income tax expense (benefit)

 

 

338

 

 

 

(769

)

 

 

2,504

 

 

 

2,103

 

Total income tax expense

 

$

2,808

 

 

$

5,152

 

 

$

9,217

 

 

$

14,971